THE TAX CLEARANCE
The financial institutions of St. Lucia require that taxpayers produce a Tax Clearance Certificate from the Inland Revenue Department in order for certain applications to be considered.
To obtain a Tax Clearance Certificate individuals or corporations should ensure that their tax filings are up-to-date and that there are no tax liabilities due or outstanding. In some instances, there may also be other requirements that have to be met. Tax Clearance Certificates are also valid for a fixed period of time and will have to be renewed after that period has lapsed. Prior conditions will have to be met again for certificate renewals.
Below are the three main clearances issued by the Department.