2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

24.   Exemption from income tax, property tax and stamp duty

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    (1)   The Foundation is exempt from the payment of income tax and property tax.

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    (2)   All instruments executed by or on behalf of the Foundation are exempt from stamp duty.

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    (3)   Despite any law or enactment in force, all gifts, property or financial securities donated to the Foundation by a company shall be allowed as a tax deduction up to the full value of such donation for the purpose of income or estate taxes, as the case may be. (Substituted by Act 4 of 2016)