St. Kitts and Nevis

Paying Taxes in

St. Kitts and Nevis

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

About This Topic

To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 4 27 35.00% taxable profits 32.7
Property transfer tax (stamp duty) 1 12.0% property value 7.3
Social Security contributions 12 128 5.00% gross salaries 5.6
Housing and Social Development levy 0 3.00% gross salaries 3.4
Employment Injury Benefit Levy 0 1.00% gross salaries 1.1
Severance Payment Fund 0 1.00% gross salaries 1.1
Property tax 2 5.00% property rental value 0.7
Fuel tax 1 included in price of fuel 0.4
Vehicle tax 1 fixed fee gross weight of vehicle 0.3
Insurance tax 1 5% insurance premium + maximum registration fee of $30 per policy 0.1
Tax on check transactions 1 XCD 0,1 per check 0
Stamp duty on contracts 1 type of contract
VAT 12 48 value added not included
Totals: 36 203 52.7
Explore Economy Data