Global Forum on Transparency and Exchange of Information for Tax Purposes Peer Reviews: Federation of Saint Kitts and Nevis 2011: Phase 1: Legal and Regulatory Framework

• Publication date: September 2011

This publication reviews the quality of Saint Kitts and Nevis' legal and regulatory framework for the exchange of information for tax purposes....

This publication reviews the quality of Saint Kitts and Nevis' legal and regulatory framework for the exchange of information for tax purposes.

Industry in Saint Kitts & Nevis

About the Global Forum
Executive summary
Introduction
-Information and methodology used for the peer review of St. Kitts and Nevis
-Overview of St. Kitts and Nevis
-Recent developments
Compliance with the Standards
A. Availability of Information
-Overview
-A.1. Ownership and identity information
-A.2. Accounting records
-A.3. Banking information
B. Access to Information
-Overview
-B.1. Competent Authority’s ability to obtain and provide information
-B.2. Notification requirements and rights and safeguards
C. Exchanging information
-Overview
-C.1. Exchange of information mechanisms
-C.2. Exchange of information mechanisms with all relevant partners
-C.3. Confidentiality
-C.4. Rights and safeguards of taxpayers and third parties
C.5. Timeliness of responses to requests for information
Summary of Determinations and Factors Underlying Recommendations
Annex 1: Jurisdiction’s Response to the Review Report
Annex 2: List of all Exchange-of-Information Mechanisms in Force
Annex 3: List of all Laws, Regulations and Other Relevant Material
Annex 4: Overview of Laws and Other Relevant Factors for Exchange of Information
Annex 5: Overview of Regulated Business Activities