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Antigua Exempts Security Devices From Excise Duty

by Amanda Banks, Tax-News.com, London

20 March 2013


Caribbean territory Antigua and Barbuda has announced new duty free concessions for business owners on the import of Closed Circuit Television (CCTV) cameras and burglar alarm systems.

Previously the concession was only allowed for homeowners, but was extended to business owners during a recent Cabinet meeting, Antigua's Minister of National Security Errol Cort announced on March 15, 2013.

The tax break allows both businesses and homeowners to bring these security devices into the territory exempt from duty, and they may then be installed providing a warrant is obtained from the Ministry of National Security.

TAGS: tax | business | fiscal policy | financial services | international financial centres (IFC) | offshore | Antigua and Barbuda | services

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