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Saint Lucia Cuts Value-Added Tax Rate

by Mike Godfrey, Tax-News.com, Washington

09 February 2017


On February 1, Saint Lucia's value-added tax rate fell to 12.5 percent.

An amendment to the Value Added Tax Act through Statutory Instrument No. 101 reduced the rate from 15 percent.

A notice from the Inland Revenue Department sought to remind all VAT registered businesses that they are required to make the necessary adjustments to their point of sale systems to reflect the reduction in the VAT rate.

TAGS: VAT rates | tax | business | value added tax (VAT) | Saint Lucia | Tax

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