tax
Solving the Caribbean Air Tax Problem
Why OLEA is the Cayman Islands’ Hottest Real Estate
The waterfront town of Camana Bay, located just across from Seven Mile Beach, has long been a vibrant destination in Grand Cayman. And now it’s home to one of the Cayman Islands’ newest and arguably hottest real estate offerings, too. It’s called …
Turks and Caicos Extends Stamp Duty Reduction
This story is part of Caribbean Journal Invest, the authority on Caribbean hotel, real estate and tourism business news. Join to access this and other great features, including our biweekly newsletter. Subscribe to Read More.
How Citizenship by Investment Is Fueling Caribbean Hotel and Real Estate Development
By Joe Pike, Special Contributor Citizenship by investment programs, which confer citizenship for buyers who meet a certain investment threshold, have been quietly fueling a surge in resort and real estate developments across the Caribbean. At the forefront of that …
LATEST NEWS
Op-Ed: A New Beginning for Puerto Rico
By Ricardo Álvarez-Díaz Two years ago last month, Hurricane Maria ravaged Puerto Rico, ultimately taking more than 3,000 lives. It also exposed the structural vulnerabilities of existing buildings, and further exacerbated the already painful impact of a more than decade-long …
Airbnb Signs Tax Deal with Quintana Roo
Airbnb is making major moves in the Mexican Caribbean. The home sharing giant recently announced the signing of a tax deal with the Mexican state of Quintana Roo, home to the country’s Caribbean destinations like Cancun and Tulum. As part …
Puerto Rico to Hold Major Investment Forum
Puerto Rico is holding its first-ever Invest Puerto Rico Forum next month, Governor Ricardo Rossello announced this week. The forum will take place Sept. 20-21 at the Puerto Rico Convention Center, gathering more than 500 investors and entrepreneurs with an …
How Passenger Taxes Are Hurting Caribbean Aviation
By By Cdr. Bud SlabbaertOp-Ed Contributor What the Caribbean needs is so simple: rapid, reliable mobility at reasonable rates. What makes it so difficult? It is almost as short and simple to explain. There are two players; the aviation industry …
Antigua and Barbuda Is Abolishing Its Personal Income Tax
Another Caribbean island will soon be without a personal income tax. Antigua and Barbuda will be abolishing its personal income tax beginning in April, the government announced this week. The personal income tax, which had been introduced in 2004, had …
US Virgin Islands Braces for Increased Hotel Room Tax
Hoteliers in the US Virgin Islands are bracing for the introduction of an increased hotel tax on the island. The new hotel room tax will rise from 10 percent to 12.5 percent beginning Jan. 1, 2016. The tax rate will …
The US Virgin Islands Is Raising Its Hotel Tax
By the Caribbean Journal staff The US Virgin Islands’ hotel tax is going up. The United States Caribbean territory has announced that its hotel room tax will increase to 12.5 percent from 10 percent, a 25 percent increase. US Virgin …
St Kitts and Nevis, United States Sign FATCA Agreement
Another country to implement FATCA By the Caribbean Journal staff St Kitts and Nevis has signed an agreement with the United States to implement the US Foreign Account Tax Compliance Act. The act, which was enacted by Congress in 2010, requires foreign …
How to Move to St Thomas, US Virgin Islands
It’s a dream for many — picking up and moving to the Caribbean. And every year, many people do just that. Of course, moving to any island has its own benefits and challenges — and we’re here to help. Our new …
11 Things Caribbean Islands Need to Do
By Dr Miguel Goede and Runy CalmeraCJ Contributors In a recent article in this series about the Future of the Caribbean, we discussed the opportunities for managers, business owners and policy makers in the Caribbean. When seizing the opportunities there …
What the New Value Added Tax Means for Visitors to the Bahamas
Above: Nassau (CJ Photo) By the Caribbean Journal staff The Bahamas has officially implemented a new Value Added Tax regime, one which will effectively mean a slight reduction in taxes for visitors. Value Added Tax is a consumption tax on …
St Kitts and Nevis, India Sign Tax Information Exchange Agreement
Above: St Kitts (CJ Photo) By the Caribbean Journal staff The governments of St Kitts and Nevis and India have signed a tax information exchange agreement. The agreement was signed by St Kitts and Nevis’ Ambassador to the United Nations, …
The Caribbean’s Air Tax Problem
Above: St Thomas (CJ Photo) By Alexander Britell ST THOMAS — On a recent visit to Liat.com, a ticket from Antigua to neighbouring St Kitts cost $108.00. With taxes and fees, however, the price jumped almost 70 percent — an …
Ranking the Caribbean on Tax Revenue
Above: Trinidad and Tobago (CJ Photo) By the Caribbean Journal staff Which Caribbean countries collect the most in tax revenue? To find out, we looked at recently-released 2012 World Bank data on tax revenue collected by central governments around the …
Cayman Islands, Colombia to Sign Tax Information Agreement
Above: the Cayman Islands (CJ Photo) By the Caribbean Journal staff The Cayman Islands and Colombia will sign a tax information exchange agreement on July 1, the government announced. The TIEA will “be in accordance with global regulatory standards.” The …
