The Tax Administration Procedures Act or (TAPA) is a draft piece of legislation, that seeks to revise, consolidate, and harmonize the rules relating to the administration of the tax laws of Saint Lucia and to ensure the efficient collection of taxes and other fees in the nature of taxes. Comptroller of the Inland Revenue Department (IRD), Marcia Vite explained that the TAPA is currently being used by other international and regional jurisdictions. She said Antigua, for example, has been using the TAPA for quite some time.
Read MoreThe Executive Council of the Caribbean Organization of Tax Administrators (COTA) met in Saint Lucia to discuss plans for their Annual General Assembly and technical conference scheduled for July 2024.
Read MoreThe staff of the Central Statistics Office are the recipients of a two-week regional training workshop on the use of specialized software called REDATAM for the dissemination of census and survey microdata.
Read MoreDirector of Statistics at the Central Statistics Office, Sean Mathurin provided an update on the National Population and Housing Census 2022. He said, in the main, the data collection with enumerators on the ground has been completed.
Read MoreThe Financial Services Regulatory Authority (FSRA) founded in 2014 is responsible for overseeing various sectors within Saint Lucia’s financial industry, including insurance, credit unions, money services, the international financial sector, and the virtual asset business sector.
Read MoreThe NCPC celebrated a successful Productivity Awareness Week from the 9th to 13th of October 2023. The mix of activities for the week saw participation from secondary school students, the business community, public sector officials, NGOs among others as the NCPC also celebrated a decade of existence.
Stakeholders from the banking, cooperative, and credit union sectors joined officials from the High Court and National Competitiveness and Productivity Council (NCPC) to agree on a transition date for the Security Interest in Movable Properties Registry. Lisa Florent-Montoute is the Director of the NCPC.
Read MoreThe Attorney General’s Chambers has announced Saint Lucia’s completion of its 2022 Money Laundering and Terrorist Financing National Risk Assessment. The National Risk Assessment forms a critical part of Saint Lucia’s effective application of its risk-based program. The risk assessment allows the country to identify, assess, and understand its exposure to money laundering and terrorist financing and implement measures to mitigate the identified risks.
Read More