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Turks and Caicos Islands News




TCI Premier Says Higher Taxes Will Not Increase Living Costs

by Mike Godfrey, Tax-News.com, New York

Monday, November 11, 2013

The premier of the Turks and Caicos Islands, Rufus Ewing, has hit back at claims made in the media and the general population that tax hikes introduced by Finance Minister Washington Misick will raise the cost of living. Read Full Story

 


TCI Makes Progress In Tax Transparency

by Mike Godfrey, Tax-News.com, New York

Thursday, October 24, 2013

The Turks and Caicos Islands is set to meet its obligations on tax transparency, the territory's Deputy Attorney General, Rhondalee Braithwaite-Knowles, said. Read Full Story

 


Bermuda Asks To Join OECD Tax Transparency Convention

by Mike Godfrey, Tax-News.com, New York

Wednesday, September 11, 2013

The government of Bermuda has written to the UK Foreign and Commonwealth Office to request inclusion in the Multilateral Convention on Mutual Assistance in Tax Matters "at the earliest possible moment," a government spokesman said. Read Full Story

 


TCI To Join OECD Tax Transparency Convention

by Mike Godfrey, Tax-News.com, New York

Wednesday, September 11, 2013

The Turks and Caicos Islands will sign the Convention on Mutual Administrative Assistance in Tax Matters on December 01, according to the Council of Europe. Read Full Story

 


Turks And Caicos Scraps GST Proposal

by Jason Gorringe, Tax-News.com, London

Wednesday, September 4, 2013

The UK Government has confirmed that its overseas territory, the Turks and Caicos Islands has abandoned plans for the introduction of a General Services Tax, which had been drawn up in lieu of the implementation of a value-added tax. Having discarded both a VAT, and the narrower GST, local authorities now intend to boost the tax-take by expanding the existing tax base. Read Full Story

 


Turks And Caicos Prepares GST Regime In Place Of VAT

by Phillip Morton, Investors Offshore.com

Tuesday, August 20, 2013

The Turks and Caicos Islands, a British overseas territory, has announced plans to introduce a General Services Tax on a broad range of services from October 1, 2013, to buoy revenues after local authorities rejected the UK Government's calls for the adoption of a value-added tax. Read Full Story

 


TCI To Cut Duty For Building Materials

by Mike Godfrey, Tax-News.com, New York

Tuesday, August 20, 2013

The Turks and Caicos Islands Cabinet agreed with a proposal from the Finance Minister to reduce the duty on insurance and freight charges to 5 percent for building materials. Read Full Story

 


Hague Puts Turks And Caicos Premier In Check

by Amanda Banks, Tax-News.com, London

Tuesday, March 19, 2013

The United Kingdom Foreign Secretary William Hague has rebutted comments made by the Turks and Caicos Islands' Premier Rufus Ewing to the Caribbean Community regarding the UK's relationship with the islands, and decisions made by the UK-appointed interim Government. Read Full Story

 


UK Allows Turks And Caicos To Ditch VAT Plans

by Jason Gorringe, Tax-News.com, London

Thursday, February 28, 2013

The Turks and Caicos Islands Government will be allowed to decide whether to introduce a value-added tax regime from April 1, 2013, after lobbying of UK Government officials by the island's business community and the new Government, led by Premier Rufus Ewing. Read Full Story

 


Mutiny In Turks And Caicos Parliament Against VAT

by Phillip Morton, Investors Offshore.com

Tuesday, February 12, 2013

The Turks and Caicos Islands may be forced to implement value-added tax despite a vote in the territory's House of Assembly in favor of a bill to rescind the Value Added Tax Ordinance 2012, which provides for the implementation of the regime from April 1, 2013. Read Full Story

 

 

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