The Turks and Caicos Weekly News

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Weekly News Volume 26 | No. 27 | July 7 - 13, 2012

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VAT rate set the national newspaper of the turks and caicos islands

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PUZZLE trivia SEE PAGE 24

at 11 per cent

– 400 TCI businesses expected to be captured in the tax net Festival fun for all PAGE 

THE effective rate of Value Added Tax (VAT) to be charged in the Turks and Caicos Islands has been set at 11 per cent - the second lowest rate in the Caribbean region after Haiti. PAGE  5 inside

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Challenge accepted

– Skippings to PNP

NEWLY elected leader of the People’s Democratic Movement (PDM), Mr Oswald Skippings, with deputy leader, Mrs Sharlene Cartwright-Robinson, and his new team ... PAGE  4

THIS year’s Crab Fest was undeniably a unique show of the Turks and Caicos Island (TCI) culture – a central and unifying concept that drew not only Islanders to Middle Caicos’ famed Bambarra Beach, but also a host of tourists.

Criminal proceedings against Civre discontinued

– Developer to pay PAGE $5m in settlement 

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