Weekly News Volume 26 | No. 27 | July 7 - 13, 2012
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Turks and Caicos
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VAT rate set the national newspaper of the turks and caicos islands
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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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