In this paper, the author examines the current structure of the tax system for hydrocarbon production in Trinidad and Tobago in light of global trends in hydrocarbon taxation. Some of the main features of the tax regime are compared and benchmarked against what the literature has defined as best...

This paper provides speci c estimates on the scale of profi t shifting among hydrocarbon MNEs. We estimate a lower-bound semi-elasticity of reported profi ts to sector specifi c income taxation of -1.88. To assess the importance of domestic pro fit-shifting channels, we take advantage of...