Resident in Saint Lucia “resident in Saint Lucia”, in relation to a year of income means
Currency | Eastern Caribbean Dollar |
Accounting Principles | IFRS, Parent company |
Individual Worldwide Tax Basis | Deemed a domiciled resident, or resident having a minimum of 183 stays in a year. |
Fast Track Citizenship |
Starting Taxable Income | 833.33 |
Starting Income Tax Rate | 10% |
Highest Income Tax Rate | 30% |
No Individual Capital Gain Tax |
No Net Worth Tax | |
No Gift Tax | |
No Inheritance Tax | |
Dividend Tax | 0% |
Interest Tax | Combined income |
Income Tax Rate | 30% |
Branch Tax Rate | 30% |
No Capital Gain Tax |
Dividends (Company) | 0% |
Interest (Company) | 15%/25% |
Royalties (Company) | 15%/25% |
Fees for Technical Services (Company) | 15%/25% |
Dividends (Individual) | 0% |
Interest (Individual) | 15%/25% |
Royalties (Individual) | 15%/25% |
Fees for Technical Services (Individual) | 15%/25% |
Dividends (Company) | 0% |
Interest (Company) | 10% |
Royalties (Company) | 10% |
Fees for Technical Services (Company) | 10% |
Dividends (Individual) | 0% |
Interest (Individual) | 10% |
Royalties (Individual) | 10% |
Fees for Technical Services (Individual) | 10% |
Stamp Duty | 2% |
Transfer Tax | 2.5%-5% |
Real Property Tax | 0.4%/0.25% |
Standard Rate | 12.5% |
Reduced Rate | 0%/10% |