Dominica

Dominica cuts hotel VAT rates

August 3rd, 2014

Dominica is to reduce its VAT rate on hotel accommodation from 15% to 10%. The measure was announced in its 2014/2015 budget as part of a package of tax cuts to help attract foreign investment. Other changes included a cut in its corporate income tax rate from 30% to 25% by 2017. The drop in …