St. Kitts – Nevis Removes Tax On Some Food Items

Basseterre, Saint Kitts – Nevis
April 8, 2008 (CUOPM)

Consumers in St. Kitts and Nevis will now be paying less for 10 items ranging from canned foods to corn flakes and pampers.

The St. Kitts – Nevis Government on Monday ordered the removal of consumption tax to reduce the cost of living on several food items and pampers.

Minister of State for Information, Sen. the Hon. Nigel Carty said Cabinet removed the consumption tax on chicken, cheese, pasta, canned corn beef, Raisin bran corn flakes, sardines, soyabean oil, tinned tuna, Vienna sausage, margarine, tomato ketchup and diapers for babies and adults.

“The consumption tax usually applied to these products ranges from 15% to 22.5%, hence the removal of the consumption tax will yield significant savings for consumers. Some of these items will also very shortly be subjected to a further reduction in price through the removal of another tax called the CET or the Common External Tariff,” said Minister Carty.

Read More