Running a sole trader business is a legal privilege, not a grey area. When income goes undeclared, compliant businesses are left carrying the weight for everyone else. Tying sole trader registration to a valid BIR number is a firm but necessary step to restore balance, improve compliance, and remind business owners that participation in the economy requires contribution, not avoidance.
Tag: Davendranath Tancoo
Davendranath “Dave” Tancoo is an economist and Attorney-at-Law. Since 2025, he has served as Trinidad and Tobago’s Minister of Finance and Member of Parliament for Fyzabad. He is the chairman of the United National Congress and previously served as the party’s General Secretary from 2010-2020.
