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St Lucia cuts VAT to 12.5%

  • Feb 18, 2017 | Richard Asquith
St Lucia cuts VAT to 12.5%

The Eastern Caribbean island of St Lucia this week announced a reduction in Value Added Tax from 15% to 12.5%.

VAT was introduced to St Lucia in 2012 at 15%, a relatively high rate for the region.  Hotel and accommodation services are charged at 10%.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara