Division 1 – Variation of Normal Bases of Taxation
(1) Despite any other provisions of this Act the Minister may enter into an agreement with the Government of any other country with a view to—
(a) the provision of relief by way of the prevention, mitigation or discontinuance of the levying of tax under this Act or the income tax laws of that other country, or otherwise for the avoidance of double taxation;
(b) determining the assessable income to be attributed to any agency, branch or other permanent establishment in Saint Lucia, of a resident of that other country or to any agency, branch or other permanent establishment in that country, of a resident of Saint Lucia;
(c) determining the assessable income to be attributed to a resident who enters into trading arrangements with a resident of that other country with whom he or she is not dealing at arm's length;
(d) determining the situation of the source of any assessable income derived by a resident of Saint Lucia or that other country; or
(e) the rendering of reciprocal assistance to facilitate the administration of this Act and the income tax laws of that other country and any agreement for the avoidance of double taxation or the exchange of information.
(2) The Minister may, at any time, amend or cancel any agreement entered into under subsection (1).
(3) Any agreement entered into under subsection (1) or amendment or cancellation under subsection (2) shall be published by order in the Gazette.