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,” […]