110. Exemption for dividends and distributions
Any payments of an income nature, whether by way of dividends, distributions, fees, premiums, lease, rent, annuity or for any other purpose by an international business company to another international business company, or to persons, trusts or other entities shall be exempt from any withholding tax provisions of the law in force in Saint Lucia which would otherwise be applicable to the international business company or to the recipient of such payments. (Substituted by Act 43 of 2006)