INTRODUCTION
Saint Lucia is a sovereign island country in the West Indies in the Eastern Caribbean Sea on the boundary with the Atlantic Ocean. It is bordered by part of the Lesser Antilles, Saint Vincent, Barbados and Martinique. Its capital is Castries.
Currency of Saint Lucia is East Caribbean Dollar (XCB).
Abbreviations:
| CIT | Corporate Income Tax |
| CARICOM | Caribbean Community |
| IBC | International Business Company |
| IRD | Inland Revenue Department |
| PE | Permanent Establishment |
| VAT | Value Added Tax |
| WHT | Withholding Tax |
| XCD | East Caribbean Dollars |