Sandals exempted from payment of withholding tax

Sandals exempted from payment of withholding tax

Sandals Resorts International has been exempted from withholding taxes in a dispute with the government of Saint Lucia, well placed sources have confirmed.

The sum of money involved has not been revealed.

However it was disclosed that Sandals has been in a long running dispute with the Inland Revenue Department (IRD) over withholding taxes.

“Sandals presented their case to show that they had been overcharged, so the IRD sent a recommendation to cabinet and cabinet acted on it,” a well-informed source explained.

The exemption period covers  the period 2001 to 2009.

The latest cabinet document is the second regarding Sandals to have been leaked in the past few weeks.

Last month another cabinet conclusion approving vehicle concessions to the resort became public.

Tourism Minister, Dominic Fedee said the concessions related to the importation of four vehicles, which he asserted was ‘normal’.

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34 Comments

  1. Anonymous
    September 5, 2017 at 9:34 am Reply

    So they don’t pay taxes for 8 years and they are allowed to get away with it?
    Wow

  2. Anonymous
    September 5, 2017 at 9:37 am Reply

    Seems Sandals is a Govt company

    1. disappointed
      September 5, 2017 at 9:42 am Reply

      wouldn’t that be conflict of interest??

      1. Anonymous
        September 5, 2017 at 3:07 pm Reply

        yo fool not in st lucia where every thing is for sale

  3. Anonymous
    September 5, 2017 at 9:43 am Reply

    WELCOME TO SANDALS COUNTRY! WHO WILL STOP THE HEMMORAGING? THAT COMPANY IS A BLOOD SUCKING VAMPIRE THEY NEED A WOODEN STAKE THROUGH THE HEART.

  4. Anonymous
    September 5, 2017 at 9:47 am Reply

    Why don’t you media personnel learn and stop creating controversy. A cabinet conclusion is no secret document to be leaked. Its a public document.

    1. Anonymous
      September 5, 2017 at 9:55 am Reply

      Where can a “normal citizen” acquire said document?

      1. Anonymous
        September 5, 2017 at 10:13 am Reply

        http://www.slugovprintery.com/index.php/gazettearchive

        All of this stuff should be placed in the Gazette if and when it does make it. Now St. Lucians I don’t want to hear about leaked documents and politicians playing on the general public being unaware as to where these documents can be found. Hacks, I just burst your bubble think of a new excuse. Lucians it is also a free resource.

      2. Anonymous
        September 5, 2017 at 11:03 am Reply

        At Cabinet. Inland revenue must get a copy and it will be available to everyone there.

    2. Anonymous
      September 5, 2017 at 10:35 am Reply

      Who said anything about leak? A public document on a public website is not a leak.

  5. Anonymous
    September 5, 2017 at 9:49 am Reply

    House tax one year late and I was charged interest, I smell a rat with Chastanet and Stewart but the wealth will not take them to heaven, accumulate, accumulate accumulate, one day it will end. Cant even get my tax returns because the country broke,bringing an appliance from the US charged duties, yet still Audis no duties. Children of the poor have no proper facilities at school, toilet in a mess no seats, classrooms leaking. Anyway that right you all believed the lie, gas went up again. Chastanet dont know that life, went to school at Patterson, never walked in Leslie land or Marchand because his daddy dropped him off and picked him up in a car windows up because the children in the area was too black and dirty for his son to look at yet he is the prime minister of them now.
    Father lend a hand, the poor in this land is oppressed in all ways, soon they will die and Lucia will be his, lets see what he can do with it. Choops

  6. Anonymous
    September 5, 2017 at 9:53 am Reply

    I thought “THE COUNTRY IS BROKE” and we are not ensuring that Sandals pay monies to the government that they collected so long ago. no wonder hard working people cannot get their refund cheques. that is the same problem Sandals had in Antigua and they are trying to blackmail the country. they have money to expand but they cannot pay what they owe the government. The PM cannot even ask his “Uncle Butch” to give us our money. I DON’T HEAR THE PRESS INCLUDING THE BASTION OF TRUTH RICK ASKING ANYTHING ABOUT THAT. What a pitiful situation in this couintry

    1. Anonymous
      September 5, 2017 at 10:05 am Reply

      Which Government was in power from 2001 -2005?
      if you can remember ,then this did not start under the present Government

      1. Anonymous
        September 5, 2017 at 10:14 am Reply

        It doesn’t matter which government was in power then.it is this current administration that is giving them a free pass

      2. Anonymous
        September 5, 2017 at 10:17 am Reply

        The laptop program was started by the previous administration and the current administration “suspended” it. So this argument has no basis. If something is counter productive why should it be continued. Laptop program was suspended because it was expensive why should this be continued?

        1. Anonymous
          September 5, 2017 at 11:07 am Reply

          The laptop program was never about the money. It did nothing to help the students. If anything the grades went down. Get you facts straight. I do know a computer is a good tool for students. A desktop instead of a laptop

          1. Anonymous
            September 5, 2017 at 1:42 pm

            You missed the point there. Was merely saying that the party in government is not important. Rather what is important is the issue at hand. Regardless of who started an initiative, if it is productive keep it. If it is not get rid of it. But the argument should never be who started it but the effect of it.

      3. Anonymous
        September 5, 2017 at 12:24 pm Reply

        Really now? it’s the present administration starting it right now by giving sandal 100% exemption from withholding tax. so much for a broke country.

  7. Anonymous
    September 5, 2017 at 9:54 am Reply

    So normal citizens have to pay import duty and vat while a multi-million dollar company gets exemptions and we still exempting said company from with-holding tax.

    1. Anonymous
      September 5, 2017 at 10:35 am Reply

      Amazing huh?

  8. Curious
    September 5, 2017 at 10:06 am Reply

    More information please

  9. Melody
    September 5, 2017 at 10:20 am Reply

    Chastenet, what has St. Lucians done to you that you hate us so much!. SET US FREE!!!!!!!!!!!! GET OFF OUR BACKS!!!!!!!!!!!! ONLY MISERY YOUR BRINGING TO US. I thought the country was broke yet all benefits going to your friend Butch Stewart. Chastenet set us free, please ah beg!

  10. frank
    September 5, 2017 at 10:36 am Reply

    2001 to 2009? This is clearly a long standing issue. However several investors are also exempt from witholding tax in the United States as well, so let’s wait until we get the full story before casting allegations – since we just love to criticise in Saint Lucia you see.

  11. Patriotic
    September 5, 2017 at 10:37 am Reply

    I am hoping for a Cabinet Conclusion which will exempt me from paying the taxes I owing Inland Revenue.
    The rich will always be rich whilst the poor taxpayers are being squeezed.

  12. Anonymous
    September 5, 2017 at 11:01 am Reply

    I have commented repeatedly that the foreign investors, especially those who invest in tourism development, get monumental concessions from the State and then ‘extradite’ most of their profits to their country of origin. These unconscionable vultures are not motivated by love of our country but by love of money. By the sweetheart deals they get, the government treasury is deprived of millions of dollars yet they only give pittance in return. These foreign investors show a depraved indifference to the wellbeing of the citizenry. Diversify the economy and our economic prospect would be brighter.

    Vibz

  13. John King
    September 5, 2017 at 11:14 am Reply

    Does the Prime Minister own Sandals and do all your visiting foreign officials stay there?
    Just wondering, that’s the case in the U.S.

  14. 666 - No Political Affiliation.
    September 5, 2017 at 11:15 am Reply

    Vampire!

  15. Anonymous
    September 5, 2017 at 11:53 am Reply

    Locals can get exemptions too you know invest you’ll money and quit complaining about foreign investors getting breaks.

    1. Anonymous
      September 5, 2017 at 4:58 pm Reply

      Where can we invest our monies, there are NO incentives for the Diaspora back home. I recently read an article where the Jamaican Diaspora are investing heavily back in their Country because the government have offered them incentives to do so. We Looshans have nothing going for us, no matter how much we offer the current government, nothing!

  16. Anonymous
    September 5, 2017 at 12:06 pm Reply

    “Sandals presented their case to show that they had been overcharged, so the IRD sent a recommendation to cabinet and cabinet acted on it,” a well-informed source explained.

    In that case, why a 100% waiver? Shouldn’t the recommendation not be that the ‘overcharged’ amount will be waived instead?

    SMH!

  17. Anonymous
    September 5, 2017 at 12:26 pm Reply

    agreed!

  18. Wowww
    September 5, 2017 at 4:31 pm Reply

    I wish we could have been should the exemption for sandals and the amount we have received in amnesty. WhateWhatever we accuse sandals of we do the same.

    It’s time we locals stop complaining and begin investing in our own.

    1. Lucianman101
      September 5, 2017 at 5:15 pm Reply

      How we investing if the salary we getting barely makes sustains us?

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