Income Tax Act Cap. 15.02 • 30% Standard CIT • Quarterly Advance Payments

Saint Lucia Corporate Income Tax Calculator

Compute company tax liability, statutory capital allowances, 6-year loss carryforward relief (50% cap), and quarterly advance installments payable to the Inland Revenue Department.

Total revenue from business activities in Eastern Caribbean Dollars

Salaries, rent, utilities, cost of goods, and administrative costs

Statutory depreciation on commercial plant, machinery & equipment

Losses carry forward up to 6 years (offset capped at 50% of profit)

Eastern Caribbean Central Bank (ECCB) monetary peg

Saint Lucia Corporate Tax Framework

Under the Income Tax Act Cap. 15.02 of Saint Lucia:

Tax Rates & Incentives

  • Standard Rate: 30% on world income for resident companies, and Saint Lucia-source income for non-residents.
  • Fiscal Incentives: Approved manufacturing, renewable energy, and tourism development projects can receive tax holidays or reduced rates.
  • Small Business Relief: Qualifying registered micro enterprises may access concessionary 15% rate bands.

Payment Schedule & Losses

  • Advance Installments: 4 equal payments due on the 25th of March, June, September, and December.
  • Loss Carryforward: Up to 6 consecutive tax years, subject to a 50% annual assessable profit limitation.
  • Annual Return: Mandatory filing by March 31 following the tax year end.

📊 Inland Revenue Department (IRD) & NIC Statutory Matrix

Statutory Component / Legal Deduction Item Calculated Amount (XCD)
Primary Net / Statutory Payable Amount $0.00 XCD
MS

Engr. Muhammad Shahzad

Principal Financial Systems Architect & Eastern Caribbean & Saint Lucia Inland Revenue Dept (IRD) Lead

Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.

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