Investment Incentives for the Construction Sector.
To incentivize the private sector, income tax concessions for the construction of multi-storey car parks and
commercial buildings are provided under section 45D (1) (a) and (b) of the Income Tax Act, Chapter 75:01 (as
Applicants must meet the eligibility criteria as stipulated in the Act, as follows:-
NOTE: A commercial building is a building designed wholly for commercial use and does not have any adjoining
For more information and to access the application form, visit: https://tradeind.gov.tt/documents-resources/income-tax-exemption-form-commercial/