Dominica News

Latin America, Caribbean Tax Mix Vulnerable To COVID-19 Hit

by Mike Godfrey, Tax-News.com, Washington

Friday, May 15, 2020

The tax burden in Latin America and the Caribbean (LAC) increased to a record 23.1 percent of GDP in 2018, according to a new OECD report. However, it warns the territories will face considerable financial pressures owing to COVID-19 because of their systems' reliance on indirect tax revenues. Read Full Story

Dominica Announces VAT, Property Tax Relief In 2019 Budget

by Mike Godfrey, Tax-News.com, Washington

Thursday, August 8, 2019

Dominica's Budget, released on July 30, 2019, included value-added tax changes and tax relief for home owners. Read Full Story

Switzerland To Expand AEOI Network

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 13, 2019

The Swiss Federal Council has adopted a dispatch on the introduction of the automatic exchange of financial account information with a further 19 partner states. Read Full Story

EU Removes Bahamas, Saint Kitts From Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 4, 2018

The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions. Read Full Story

Caribbean States Appeal To EU Over Tax Blacklisting

by Mike Godfrey, Tax-News.com, Washington

Friday, March 23, 2018

The Organisation of Eastern Caribbean States, a grouping of 15 Caribbean territories, says it is working hard through its Brussels embassy to address EU concerns, which have led to a number of its members being included on a tax blacklist. Read Full Story

EU Announces Sanctions For 'Blacklisted' Countries

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, March 22, 2018

The European Commission is to take steps to ensure that EU external development and investment funds cannot be channelled or transited through entities in countries included on the EU's "blacklist" of non-cooperative tax jurisdictions. Read Full Story

EU Makes Changes To Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, March 14, 2018

The EU has removed three countries from its list of non-cooperative tax jurisdictions and added a further three. Read Full Story

US Trade Commission Recommends Tariffs On Korean Washers

by Mike Godfrey, Tax-News.com, Washington

Tuesday, November 28, 2017

The US International Trade Commission has unanimously recommended tariffs of up to 50 percent on large washers imported from Korea. Read Full Story

CARICOM, Cuba Expand Free Trade Deal

by Mike Godfrey, Tax-News.com, Washington

Friday, November 10, 2017

The Caribbean Community countries and Cuba on November 9 signed a Second Protocol to an Agreement that will expand tax-free access to each other's markets for goods. Read Full Story

Enhanced US Tax Relief Urged For Dominican Apparel Exports

by Mike Godfrey, Tax-News.com, Washington

Friday, October 6, 2017

Eight years after its implementation, the Earned Import Allowance Program is not providing enough incentives to significantly boost Dominican apparel exports to the US market, says the US International Trade Commission. Read Full Story

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