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Stories that are tagged 'Saint Kitts and Nevis'

	St Kitts, Brazil To Sign Free Trade Pact 4/25/2012 The government of Saint Kitts and Nevis has received notification from Brazil that it is ready to sign the Partial Scope Agreement on trade that the two territories have been negotiating for a year.
	US Court Closes Employee Insurance Benefit Tax Scheme 3/12/2012 The United States Justice Department has announced that a federal court has permanently barred the operation of an alleged scheme that helps high-income individuals attempt to avoid income taxes by funnelling money through purported "welfare benefit plans”.
	St Kitts And Nevis Ratifies Maritime Labour Convention 3/2/2012 On February 21, 2012, the government of the Caribbean territory Saint Kitts and Nevis notified the International Labour Office that it had ratified the Maritime Labour Convention, 2006, making it the 23rd member state to ratify the landmark seafarers' rights convention.
	CARICOM Trade Bloc 'In Crisis' 3/1/2012 The Caribbean Community, an economic bloc among Caribbean territories, is at breaking point, according to a document circulated among its fifteen member states which urges rapid structural and operational reform.
	St Kitts And Nevis Boosts Tax Cooperation 2/10/2012 Saint Kitts and Nevis's Cabinet has approved the signing of a Tax Information Exchange Agreement with India and has endorsed the commencement of negotiations towards similar agreements with a further four nations.
	St Kitts And Nevis Budget Consolidation On Track 1/30/2012 Saint Kitts and Nevis has made marked process on debt reduction under a program supported by the International Monetary Fund.
	Saint Kitts Set To Launch Super Yacht Marina 12/28/2011 Caribbean territory Saint Kitts and Nevis has announced that new construction projects, to build a mega-yacht marina, and a world-class private jet terminal, will be concluded during 2012 alongside other projects to market the islands to high-net-worth visitors and holidaymakers.
	St Kitts And Nevis Hits Fiscal Targets 12/15/2011 Saint Kitts and Nevis has achieved targets set under its financing agreement with the International Monetary Fund by boosting tax receipts despite weak growth in the Federation's economy.
	India Rapidly Expanding Tax Agreement Network 10/17/2011 India is playing a major role in the global crusade against black money and has completed negotiations for 16 new tax information exchange agreements, according to the chairman of the Central Board of Direct Taxes M C Joshi.
	Saint Kitts And Nevis Committed To Deficit Reduction 10/10/2011 Amid pressure to rapidly reduce the territory's debt, Denzil Douglas, the Prime Minister of Saint Kitts and Nevis has reassured taxpayers that the government's decision to reduce the rate of stamp tax payable on transfers of land or property will not result in a loss of revenue for the government.
	Nevis Determined To Overcome Fiscal Woes 9/22/2011 Following the re-election of the Nevis Reformation Party, Nevis Deputy Governor General Eustace John has underscored that the government remains committed to continuing deficit reduction efforts over the next five years.
	IMF Welcomes St Kitts And Nevis Tax Changes 8/18/2011 The International Monetary Fund has praised St Kitts and Nevis for its fiscal reform agenda and changes to the tax system, but warned that more work needs to be done.
	St Kitts, IMF Agree On Stand-By Arrangement 6/9/2011 St Kitts and Nevis is taking decisive action to address the legacy of its recession, the International Monetary Fund has said, leading to the conclusion of an agreement which could see the provision of cash support for the country, were it required.
	CARICOM To Discuss EU EPA 6/3/2011 The Caribbean Community is to press forward with its implementation of the European Union Economic Partnership Agreement, with an impending meeting expected to discuss the deal's intricacies.
	Four UK-Caribbean TIEAs Enter Into Force 5/31/2011 The UK's tax information exchange agreements with four Caribbean countries have entered into force, each of which complies with the standards laid down by the Organisation for Economic Cooperation and Development.
	CARICOM To Suspend Common External Tariff 5/27/2011 Members of the Caribbean Community look set to suspend their Common External Tariff in the battle against the rising cost of fuel and commodities in the region.
	CARICOM Outlines Trade Negotiation Priorities 5/20/2011 As members of the Caribbean Community gather to discuss the region's external trade agenda, CARICOM has released a snapshot of what it calls the state of play of ongoing negotiations.
	OECS Working With WTO On Tariffs And Tax 5/16/2011 Following recent consultations in Dominica between the Organisation of Eastern Caribbean States's World Trade Organization members, the OECS has said that securing flexibility in negotiations on tariff liberalization will enable its governments to avoid cuts to border taxes.
	CARICOM To Hold Talks On EU Trade Deal 5/11/2011 During an important upcoming round of talks, members of the Caribbean Community are to discuss the implementation of the CARIFORUM-EU Economic Partnership Agreement, which aims at establishing a trade relationship which promotes the gradual integration of the CARIFORUM countries into the world economy.
	St Kitts Welcomes Free Trade Prospects With Brazil 2/3/2011 Saint Kitts and Nevis has welcomed negotiations with Brazil towards a ‘Partial Scope Agreement’ which will provide preferential tariffs to the twin-island federation for businesses engaged in manufacturing, in what Prime Minister Denzil Douglas described as a ‘win-win’ situation for both states.
	St Kitts PM Dismisses Income Tax Rumour 2/1/2011 In response to opposition comments, the Prime Minister of Saint Kitts and Nevis, Denzil Douglas has denied that Personal Income Taxation is to be re-introduced in the twin-island federation.
	Eastern Caribbean Faces Fiscal Challenges 1/28/2011 The International Monetary Fund has published recommendations for governments in the Eastern Caribbean Currency Union in respect of the fiscal challenges they face from the protracted global recession, and the fall in tourism receipts.
	St Kitts To Chase Deliquent VAT Traders 1/14/2011 The government of the twin-island federation, Saint Kitts and Nevis has said that, following the implementation of the value-added tax on November 1, authorities are planning to take enforcement action against entities collecting VAT payments but failing to remit them to the tax authority.
	Antigua And Barbuda First To Ratify OECS Economic Union 1/5/2011 The Prime Minister of Antigua and Barbuda, Baldwin Spencer, on December 30 became the first signatory to ratify the Revised Organization of Eastern Caribbean States Treaty of Basseterre, a first step toward establishing the OECS Economic Union.
	St Kitts Attracting Private Jet Owners 1/3/2011 Scores of private executive jets have begun to make use of extensive facilities at the Robert L. Bradshaw International Airport in Saint Kitts, Airport Operations Officer, Osbert Wilkins has reported.
	IMF Formulating Fiscal Plan For Indebted Caribbean 11/19/2010 The International Monetary Fund has announced the launch of a forum aimed at drafting fiscal solutions for Caribbean territories, many of whom, due to the financial crisis, have experienced significant expansion in their already unsustainable deficits.
	Caribbean Urges Change To UK Flight Tax 11/17/2010 The Caribbean Tourism Organization has noted the publication of a report that comprehensively analyzes the impact of the UK's aviation tax, the Air Passenger Duty, on the tourism industries of Caribbean territories.
	St Kitts And Nevis Urged To Tighten Fiscal Policy 11/8/2010 In its latest Article IV consultation with St. Kitts and Nevis, the International Monetary Fund is concerned at the 185% debt ratio at end-2009, a burden which leaves no room for fiscal policy to respond to adverse shocks.
	St Kitts And Nevis Introduces VAT 11/5/2010 The Saint Kitts and Nevis government, welcoming in the new value-added tax regime from November 1, has noted the registration of 550 qualifying businesses in the island.
	SKN, Germany Sign TIEA 10/25/2010 The government of St Kitts and Nevis has announced that a Tax Information Exchange Agreement was signed with Germany on October 19.
	Caribbean Intensifies Lobbying Against UK Air Tax 9/8/2010 The Caribbean is to intensify efforts to establish a 'fairer passenger tax system' in the UK during an official visit to the city of London, which will include a series of meetings between high-level officials and parliamentary bodies, the Caribbean Tourism Organization said.
	St. Kitts to Build Private Air Terminal 8/30/2010 Caribbean territory, Saint Kitts and Nevis has announced that it is to construct a new private air terminal at the island’s Robert L Bradshaw International Airport.
	St Kitts And Nevis Targets Red Tape 8/18/2010 The government of Saint Kitts and Nevis has announced that it has begun a review of bureaucracy in the twin-island federation to ease the cost of conducting business in the islands.
	St Kitts and Nevis Offers Transitional VAT Assistance 8/18/2010 The Saint Kitts and Nevis government has announced transitional provisions to ease the introduction of value-added tax in the two-island Federation.
	St Kitts And Nevis Parliament Adopts VAT 8/13/2010 Concluding three days of debate on the issue, Saint Kitts and Nevis Prime Minister Denzil Douglas has announced that the legislation necessary for the implementation of a value-added tax in the two-island federation has been passed.
	Caribbean Is Urged To Adopt VAT 8/12/2010 Owen Arthur, the former Prime Minister of Barbados, has described value-added tax as the best option for the Caribbean region in the age of trade liberalization.
	St Kitts And Nevis Registers 1,000th Vessel 8/10/2010 The Saint Kitts and Nevis International Ship Registry will be bolstered by the official launching of a new Yacht Registration Department, the inauguration of which coincided with celebrations for the achievement of a significant milestone for the Registry; the registration of its 1,000th vessel.
	St Kitts And Nevis VAT Bill Presented 8/9/2010 The government of St. Kitts and Nevis has announced that governing legislation for the implementation of a value-added tax regime in the two-island federation has been tabled in parliament for final approval, a crucial step ahead of the tax's proposed introduction in November.
	Portugal, St Kitts And Nevis Sign TIEA 8/6/2010 The Portuguese government has announced the signing of a Tax Information Exchange Agreement with the Caribbean territory of Saint Kitts and Nevis.
	CARICOM Seeks FTA With Canada 7/22/2010 The governments of Antigua and Barbuda and Saint Kitts and Nevis have announced that, before the end of the month the two territories will have concluded their public consultations on a proposed regional Free Trade Agreement with Canada.
	St Kitts And Nevis Preparing For VAT 6/25/2010 The St Kitts and Nevis government has announced that it is considering studies submitted by the Caribbean Regional Technical Assistance Centre on the future implementation of a value-added tax in the jurisdiction.
	Six OECS Member States Adopt Economic Union 6/21/2010 The Prime Minister of Saint Kitts and Nevis, and Chairman of the Authority of the Organisation of Eastern Caribbean States, Denzil Douglas said at a meeting held on June 18 in a forward looking statement that member states would sign a landmark agreement to establish an economic union in the Carribean.
	St Kitts And Nevis Details Fiscal Plan 6/18/2010 The Prime Minister of Saint Kitts and Nevis, Denzil Douglas, has outlined several measures to begin tackling the Federation's deficit, which is among the highest in the world in terms of Gross Domestic Product.
	OECS To Remove Export Subsidies 5/14/2010 Trade officials from members of the Organization of Eastern Caribbean States concluded talks on May 11, 2010, on withdrawing government subsidies to the region’s exporters by the end of 2015, as part of an agreement concluded with the World Trade Organization.
	Brazil Calls For Mercosur-Caricom FTA 4/28/2010 During the CARICOM-Brazil Summit on April 26, delegations from the Caribbean Community and Brazil discussed enhancing trade ties following the opening of the Takutu River Bridge in September 2009, which creates a physical link between Guyana and Brazil.
	Caribbean Amongst Last Regions To Recover 4/26/2010 Commenting upon the release of the International Monetary Fund’s World Economic Outlook Report, Chief of the World Economic Division, Petya Koeva Brooks, warned that the Caribbean region can expect a protracted recovery from the financial economic crisis, despite a return of more favorable conditions globally.
	Liechtenstein Parliament Approves Multiple TIEAs 4/27/2010 Liechtenstein’s parliament has, by a large majority, approved 11 tax agreements submitted by the government and which are compliant with the Organization for Economic Cooperation and Development’s standards on tax information exchange.
	St Kitts Releases VAT White Paper 4/23/2010 The St Kitts and Nevis government has released a white paper detailing the introduction of a value-added tax regime in the Federation.
	St Kitts And Nevis VAT Confirmed 4/7/2010 Denzil Douglas, the Prime Minister of St Kitts and Nevis, confirmed in his recent budget announcement that a value-added tax will be introduced in the twin-island federation from November 2010.
	Caribbean Territories White-Listed 3/26/2010 The Organization for Economic Cooperation and Development has welcomed a late drive by three Caribbean territories to conclude multiple tax information exchange agreements to gain a place on the list of territories that have substantially-implemented the internationally-agreed standard in transparency and tax information exchange.
	Nordic Countries Conclude More TIEAs 3/25/2010 The Nordic Council, comprising of the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden, has recently announced the signing of tax information exchange agreements with St Vincent and the Grenadines and St Kitts and Nevis.
	World Bank Assesses Caribbean Debt 3/17/2010 Staff at the World Bank have been tasked with assessing the debt profile of indebted Caribbean nations to advise on policy approaches to alleviate their individual deficits, World Bank President, Robert Zoellick, announced on March 11.

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