(1) Notwithstanding any provision of the Income Tax Act, Cap. 15.02 the following are exempt from the provisions of the Income Tax, Cap. 15.02 —
(a) an international partnership formed pursuant to this Act;
(b) all payments made by an international partnership to persons who are not resident in Saint Lucia, and
(c) capital gains realized with respect to any interest in an international partnership by persons who are not resident in Saint Lucia.
(2) No estate tax, inheritance tax, succession tax, gift tax, rate, duty, levy or other charge is payable by persons who are not resident in Saint Lucia with respect to any interest in an international partnership.
(3) Notwithstanding any provision of the Stamp Duty Act, Cap. 15.11, the following are exempt from the payment of stamp duty —
(a) all instruments relating to transfers of property to or by an international partnership;
(b) all instruments relating to transactions in respect of the interests of an international partnership; and
(c) all instruments relating to other transactions relating to the business of an international partnership.