Saint Lucia: Proposed VAT exemptions for tourism sector, extension of moratorium on residential property tax
Prime Minister proposed tax-related measures
The Prime Minister on December 10, 2024, proposed the following tax-related measures:
- The Value Added Tax (VAT) (Amendment of Schedule 3) (No. 6) Order, which would introduce VAT exemptions for the tourism sector, was presented.
- The Land and House Tax (Amendment) (No. 2) Bill, which would extend the moratorium on residential property tax set to expire on December 31, 2025, to December 31, 2026, was tabled in the House of Representatives.
For more information, contact a KPMG tax professional in the Eastern Caribbean:
Grant McDonald | grantmcdonald@kpmg.bb
Marianne Greenidge | mariannegreenidge@kpmg.bb