A novel electron deficient 4,6-bis(trifluoromethyl)-1,3-phenylene diphosphinite ligand 4 was developed and synthesized. Reaction of Ir precursors with ligand 4 gave chloro(hydride) pincer complex 5, which demonstrated a higher TON in alkane dehydrogenation reactions compared to similar phosphinite based pre-catalysts. The formation of cyclooctene (COE) and tert-butylethylene adducts of the 14e catalysts was also studied and the COE adduct is implicated as the resting state of the catalyst. All compounds were characterized by NMR spectroscopy and, in addition, the molecular structures of key complexes were confirmed by X-ray analysis.