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Stories that are tagged 'Saint Lucia'

EU Funding To Boost Caribbean EPA Implementation
5/25/2012
The Caribbean Development Bank and the European Union have agreed to fund a multi-million facility to aid members of the Caribbean Community in implementing the necessary reforms to allow them to fully benefit from the preferential trade conditions provided for in the CARIFORUM-EU Economic Partnership Agreement.
St Lucia Eyes Income Tax Cuts, After VAT Implementation
5/16/2012
The government of Saint Lucia has outlined new tax measures in its latest Budget to shift the tax burden from direct to indirect taxes.
France Publishes Revised 2012 'Black List'
4/26/2012
French Finance Minister François Baroin and Budget Minister Valérie Pécresse have recently updated the country’s ‘black list’ of countries deemed to be ‘uncooperative’ in tax matters.
St Lucia Confirms Upcoming VAT Regime
4/3/2012
The government of the Caribbean territory of Saint Lucia has confirmed that a value-added tax regime will be introduced from September 1, 2012.
CARICOM Trade Bloc 'In Crisis'
3/1/2012
The Caribbean Community, an economic bloc among Caribbean territories, is at breaking point, according to a document circulated among its fifteen member states which urges rapid structural and operational reform.
UK, Caribbean Talks Focus On APD
1/25/2012
Leaders from Caribbean nations and the United Kingdom agreed at the end of a two-day summit an action plan to establish 'a new and improved strategic partnership to promote prosperity'. Importantly, the UK government committed to reopen negotiations to mitigate the impact of the UK's air travel tax on Caribbean territories.
CARICOM Welcomes Progress Towards FTA With Canada
10/5/2011
Caribbean Community Secretary-General Irwin LaRocque has welcomed progress towards the CARICOM-Canada Trade and Development Agreement, and praised Canada's 'keen and earnest approach'.
CARICOM To Discuss EU EPA
6/3/2011
The Caribbean Community is to press forward with its implementation of the European Union Economic Partnership Agreement, with an impending meeting expected to discuss the deal's intricacies.
Four UK-Caribbean TIEAs Enter Into Force
5/31/2011
The UK's tax information exchange agreements with four Caribbean countries have entered into force, each of which complies with the standards laid down by the Organisation for Economic Cooperation and Development.
CARICOM To Suspend Common External Tariff
5/27/2011
Members of the Caribbean Community look set to suspend their Common External Tariff in the battle against the rising cost of fuel and commodities in the region.
CARICOM Outlines Trade Negotiation Priorities
5/20/2011
As members of the Caribbean Community gather to discuss the region's external trade agenda, CARICOM has released a snapshot of what it calls the state of play of ongoing negotiations.
OECS Working With WTO On Tariffs And Tax
5/16/2011
Following recent consultations in Dominica between the Organisation of Eastern Caribbean States's World Trade Organization members, the OECS has said that securing flexibility in negotiations on tariff liberalization will enable its governments to avoid cuts to border taxes.
CARICOM To Hold Talks On EU Trade Deal
5/11/2011
During an important upcoming round of talks, members of the Caribbean Community are to discuss the implementation of the CARIFORUM-EU Economic Partnership Agreement, which aims at establishing a trade relationship which promotes the gradual integration of the CARIFORUM countries into the world economy.
St Lucia Commmitted To VAT
4/19/2011
St Lucia’s Prime Minister and Minister for Finance, Stephenson King, has delivered a 2011 Budget which reaffirms the government's commitment to the impending implementation of a value-added tax, hikes cigarette consumption tax and outlines plans for improving economic competitiveness.
Eastern Caribbean Faces Fiscal Challenges
1/28/2011
The International Monetary Fund has published recommendations for governments in the Eastern Caribbean Currency Union in respect of the fiscal challenges they face from the protracted global recession, and the fall in tourism receipts.
Caribbean Sharpens Response To Financial Crime
1/19/2011
In an effort to sharpen the regional response to transnational organized crime, the Caribbean Community Implementation Agency for Crime and Security and the Caribbean Financial Action Task Force have signed an agreement, laying down a framework for combating financial crimes including money laundering.
Antigua And Barbuda First To Ratify OECS Economic Union
1/5/2011
The Prime Minister of Antigua and Barbuda, Baldwin Spencer, on December 30 became the first signatory to ratify the Revised Organization of Eastern Caribbean States Treaty of Basseterre, a first step toward establishing the OECS Economic Union.
IMF Formulating Fiscal Plan For Indebted Caribbean
11/19/2010
The International Monetary Fund has announced the launch of a forum aimed at drafting fiscal solutions for Caribbean territories, many of whom, due to the financial crisis, have experienced significant expansion in their already unsustainable deficits.
Caribbean Urges Change To UK Flight Tax
11/17/2010
The Caribbean Tourism Organization has noted the publication of a report that comprehensively analyzes the impact of the UK's aviation tax, the Air Passenger Duty, on the tourism industries of Caribbean territories.
SVG Sells State-Owned Bank
10/12/2010
The government of Saint Vincent and the Grenadines has announced that, through an agreement with the Bank of Saint Lucia’s parent company, it has privatized the state-owned bank, the National Commercial Bank (SVG).
Caribbean Intensifies Lobbying Against UK Air Tax
9/8/2010
The Caribbean is to intensify efforts to establish a 'fairer passenger tax system' in the UK during an official visit to the city of London, which will include a series of meetings between high-level officials and parliamentary bodies, the Caribbean Tourism Organization said.
Caribbean Is Urged To Adopt VAT
8/12/2010
Owen Arthur, the former Prime Minister of Barbados, has described value-added tax as the best option for the Caribbean region in the age of trade liberalization.
Netherlands To Sign TIEAs
7/7/2010
The Dutch government has united on plans put forward recently by Dutch Finance Minister Jan Kees De Jager to conclude tax information exchange agreements with Uruguay, Mauritius and Brunei, in a further endeavour to combat tax evasion.
Canada Signs TIEAs With St Lucia, Bahamas
6/23/2010
The Canadian Ministry of Finance has announced the signing of two Tax Information Exchange Agreements, with the Bahamas on June 17, and with Saint Lucia on June 18.
Six OECS Member States Adopt Economic Union
6/21/2010
The Prime Minister of Saint Kitts and Nevis, and Chairman of the Authority of the Organisation of Eastern Caribbean States, Denzil Douglas said at a meeting held on June 18 in a forward looking statement that member states would sign a landmark agreement to establish an economic union in the Carribean.
OECD: Three More Caribbean Islands Make The Grade
5/21/2010
Dominica, Grenada and Saint Lucia have been moved into the category of jurisdictions considered to have substantially implemented the standard on transparency and exchange of information, having now all signed at least 12 exchange of information agreements conforming to the standard.
OECS To Remove Export Subsidies
5/14/2010
Trade officials from members of the Organization of Eastern Caribbean States concluded talks on May 11, 2010, on withdrawing government subsidies to the region’s exporters by the end of 2015, as part of an agreement concluded with the World Trade Organization.
St Lucia Budget Announced
5/4/2010
Saint Lucia’s Prime Minister and Minister for Finance, Stephenson King has announced a number of tax measures as part of the 2010 budget.
St Lucia Makes Strides Towards Transparency
5/3/2010
The Prime Minister of Saint Lucia, Stephenson King has said that his government intends to actively pursue a number of Tax Information Exchange Agreements this year, to achieve a place on the Organization for Economic Cooperation and Development’s white list of compliant territories.
Brazil Calls For Mercosur-Caricom FTA
4/28/2010
During the CARICOM-Brazil Summit on April 26, delegations from the Caribbean Community and Brazil discussed enhancing trade ties following the opening of the Takutu River Bridge in September 2009, which creates a physical link between Guyana and Brazil.
Caribbean Amongst Last Regions To Recover
4/26/2010
Commenting upon the release of the International Monetary Fund’s World Economic Outlook Report, Chief of the World Economic Division, Petya Koeva Brooks, warned that the Caribbean region can expect a protracted recovery from the financial economic crisis, despite a return of more favorable conditions globally.
Australian TIEA Network Expands
4/2/2010
Australia's Assistant Treasurer, Nick Sherry, on April 1 announced the signing of a further seven Tax Information Exchange Agreements as Australia's efforts to achieve greater transparency in tax matters gather pace.
US Backs Caribbean Aviation Safety
3/19/2010
The United States Trade and Development Agency has backed the Caribbean Aviation Safety and Security Oversight System with a grant of USD207,000. The System is currently being ratified by Caribbean nations for implementation in the near future.

 

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