President of the Bankers Association of Trinidad and Tobago, Nigel Baptiste says there is no need for more consultation on the Income Tax Amendment Bill.

Speaking on the Power Breakfast Show on Power 102.1 FM on Friday, Mr Baptiste said contrary to the calls by some in Parliament, further discussions on the issue is not necessary.

Baptiste, who is also Chief Executive Officer of Republic Bank Limited, explained that the issue was already dealt with as part of stakeholder consultations on the Foreign Account Tax Compliant Act or FATCA.