Taxation in St. Kitts and Nevis

Most Recent

Taxpayers in St Kitts and Nevis have been promised that no new taxes will be instated for at least another year, but the levels of tax compliance in the country will have to rise.

Representatives of the Government of St. Kitts and Nevis and the St. Kitts-Nevis Chamber of Industry and Commerce on Saturday 30 October, 2010 concluded four days of negotiations in an effort to prevent, as far as possible, the likelihood of double taxation and an immediate inflationary effect in the Federation when Value Added Tax (VAT) […]

A VAT official has confirmed that after the Value Added Tax system is implemented on November 1, double taxation on items already on store shelves is a very real possibility.

On 14 June 2010, Canada signed tax information exchange agreements (TIEAs) with Bermuda and St. Kitts and Nevis. The agreements set out a framework for exchanging information relevant to the administration and enforcement of the domestic tax laws of each party. Presumably, these efforts are intended to enable the government to more easily identify what […]

The Government of St. Kitts and Nevis has released a white paper for public consultation on its intention to introduce Value Added Tax (VAT) in 2010.