Monday, July 16, 2012

St. Lucia: VAT effective Oct 1st

Despite reservations among lawmakers about business readiness, operational costs and timing, the St. Lucia Senate has passed the Value Added Tax (VAT) Act, keeping the legislation on course for the revised October 1 implementation date.

With the law’s assent by Governor General Dame Pearlette Louisy, St Lucia will become the last member state in the Caribbean Community (CARICOM) single market but Montserrat to introduce the sales tax that is intended to replace a raft of taxes and

More details here...

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