TURKS & CAICOS Law and Practice Contributed by: Oliver Chapman and Chris Smith, Griffiths & Partners Attorneys
8. Tax 8.1 VAT and Sales Tax
8.4 Income Tax Withholding for Foreign Investors Income and capital gains are not directly taxed in the Islands. 8.5 Tax Benefits As mentioned in 8.4 Income Tax Withholding for Foreign Investors , income and capital gains are not directly taxed in the Islands.
VAT is not applicable in the Islands. 8.2 Mitigation of Tax Liability
There are no commonly used methods employed to mitigate stamp duty on large real estate port - folio purchases. 8.3 Municipal Taxes No municipal taxes are paid on the occupation of business premises.
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