Revised Laws of Saint Lucia (2023)

64.   Application for a tax relief

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    (1)   A partnership business may make an application for a tax relief in the prescribed form to the Minister, through the Agency.

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    (2)   An application under subsection (1) must provide a description of a community tourism project and be accompanied by —

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      (a)     in the case of a business, its Certificate of Registration issued under the Registration of Business Names Act;

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      (b)     in the case of a company —

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        (i)     evidence of ownership of land or a valid leasehold interest in land which is valid for a period commensurate with the business plan,

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        (ii)     its Certificate of Incorporation,

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        (iii)     its last filed Annual Returns,

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        (iv)     its last filed Notice of Directors and Consent to act as a Director;

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      (c)     in the case of an approved development or an approved tourism product —

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        (i)     information on a tax relief the business has obtained under the Tourism Incentives Act, or the Tourism Stimulus and Investment Act;

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        (ii)     a written request to the Minister to revoke the status of an approved development or an approved tourism product in order to be considered for a tax relief under this Act;

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      (d)     a compliance letter from the Agency, issued by the Agency not later than one month from the date of submitting an application under subsection (1);

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      (e)     a compliance letter from the National Insurance Corporation;

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      (f)     a compliance letter from the Inland Revenue Department with respect to each tax administered by that Department;

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      (g)     an approval from the Development Control Authority, if applicable;

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      (h)     a compliance letter from the Authority to verify compliance with the Tourism Levy Act, if applicable;

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      (i)     the partnership agreement;

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      (j)     any other documents requested by the Minister.