Dominica
Dominica charges income tax at progressive rates of up to 38%. There is no capital gains tax or inheritance tax.
An Alien Landholder’s Licence is only needed where more than an acre is being acquired for residential use (three acres for commercial); if the Licence is needed, the fee is 10% of the property value. Stamp duty is charged at 4% to the buyer and 2½% to the seller.
Corporate profits are liable to corporation tax at 30%. VAT is generally at 15%, though hotel accommodation is only charged at 10%. IBCs are permitted under Dominican company law.
Dominica is party to the Caricom tax agreement and also has tax treaties with the UK, USA and Canada.
