Montserrat
Income tax is applied at progressive rates of up to 30%. There are no wealth, gift or inheritance taxes in Martinique, and there is no capital gains tax.
Consumption tax is levied on goods manufactured and sold in Montserrat and also on a range of imported goods. Consumption tax ranges from 0-50%, with the average rate being 15%.
An Alien Landholder’s Licence costs 5% of the property price, and stamp duty is charged to the buyer of a property at 2.6%.
Corporation tax is charged at 20%; IBCs are exempt from this.
Montserrat is a member of Caricom and has a tax treaty with the UK.
