PM Douglas describes first day of VAT as ‘hectic’ and ‘challenging,’ tells VAT Staff success of the new tax regime depends on compliance
BASSETERRE, ST. KITTS, NOVEMBER 2nd 2010 (CUOPM) – The introduction of Value Added Tax (VAT) on Monday November 1st 2010 “was hectic as anticipated and challenging, also anticipated.” So said St. Kitts and Nevis Prime Minister and Minister of Finance, Hon. Dr. Denzil L. Douglas after a briefing with Head of the TAX Reform Union […]
VAT is the best option for region says Caribbean Statesman Owen Arthur
BASSETERRE, ST. KITTS, AUGUST 10TH 2010 (CUOPM) – Barbados’ former Prime Minister and eminent Caribbean Statesman, the Right Honourable Owen Arthur, has described Value Added Tax (VAT) as the best option for the region in the age of trade liberalisation. In an interview over the weekend, Mr. Arthur said he was surprised that it has […]
Debate continues Tuesday on VAT Bill in National Assembly
BASSETERRE, ST. KITTS, AUGUST 9TH 2010 (CUOPM) – Debate on the Value Added Tax (VAT) Bill 2010, which will implement a new tax regime in November this year, continues in the St. Kitts and Nevis National Assembly on Tuesday. The 150-page document was given its second reading last Friday by St. Kitts and Nevis Prime […]
Public reminded that draft VAT bill is available for scrutiny
BASSETERRE, ST. KITTS, JULY 19TH 2010 (CUOPM) – The general public is reminded that the Value Added Tax (VAT) Bill, 2010, is still available for scrutiny. The 150-page draft legislation was introduced and given a First Reading in the National Assembly earlier this month. It is also available at www.cuopm.com and www.sknvat.com and suggestions, comments […]
PM Douglas says VAT rate is ‘reasonable’
BASSETERRE, ST. KITTS, JULY 19TH 2010 (CUOPM) – Prime Minister, Hon. Dr. Denzil L.Douglas has defended as ‘reasonable’ his government’s decision to introduce a 17 percent Value Added Tax (VAT) system before year end despite criticism of the rate. Dr. Douglas, who is also the Minister of Finance, has warned that countries which have opted […]
St. Kitts and Nevis Makes Splash at World Expo
St. Kitts, July 11, 2010 (SKNIS): Visitors to the twin island Federation’s booth at the Expo 2010 in Shanghai, China are transported to famous sites such as Brimstone Hill Bath Hotel and local beaches with impressive 3-Dimensional displays. “You actually feel like you are in St. Kitts and Nevis. … The visual impact is remarkable,” […]
SKIPA’s Investment Summit & Expo 2010
The St. Kitts Investment Promotion Agency Presents “Exploring our Investment Opportunities” Investment Summit & Expo” At the St. Kitts Marriott Resort – Grand Ball Room 29th & 30th June, 2010 For registration details and other information contact us at 1+869 465-1153 investmentpromotion@stkittsipa.org
World Expo 2010
SKIPA will take part in the World Expo 2010 as part of team from the Federation headed by the Ministry of Trade. The World Expo 2010 will be staged in Shanghai, China. Approximately 200 countries and 50 international organizations will display their products to the world. The event is held under the theme ‘Better City […]
Business Forum Washington
The St. Kitts Investment Promotion Agency is hosting a Business Forum highlighting investment opportunities in St. Kitts on 12th November, 2009 at the Capital Hilton 16th & K Street, Washington, DC at 5 pm. The guest list for this event includes approximately forty potential investors that have been sourced by our Embassies, Missions and Foreign based […]
Business Forum Canada
The St. Kitts Investment Promotion Agency is hosting a Business Forum highlighting investment opportunities in St. Kitts on 22nd October, 2009 at the Courtyard by Marriott 475 Young Street, Toronto Canada at 6 pm. The guest list for this event includes approximately forty potential investors that have been sourced by our Embassies, Missions and Foreign […]