Caribbean Community member states have benefitted from the introduction of value-added taxes, but more reform is needed, says a new paper from the International Monetary Fund.Read Full Story
The International Monetary Fund has warned Saint Lucia of the impact of recent tax reforms, which it says may impact tourist numbers and dent economic growth.Read Full Story
On February 1, Saint Lucia's value-added tax rate fell to 12.5 percent.Read Full Story
The Organisation for Economic Cooperation and Development says that Saint Lucia is "largely compliant" with international standards on transparency and the exchange of information in tax matters. Read Full Story
On November 19, the Prime Minister of St. Lucia, Kenny Anthony, and the US Ambassador to Barbados, the Eastern Caribbean, and the Organization of Eastern Caribbean States, Larry Palmer, signed an inter-governmental agreement to facilitate compliance with the Foreign Account Tax Compliance Act.Read Full Story
Proposals to raise Saint Lucia's value-added tax registration threshold and broaden the tax's base were included in Saint Lucia's 2015-16 Budget.Read Full Story
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