Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-IV§58 |
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2014 |
Measures |
Tax concessions |
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Relevant information
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With a view to increasing tourists, the authorities are looking to develop niche markets such as medical tourism, nature excursions, sports tourism, and residential tourism via the Citizenship by Investment Initiative. In this regard, the authorities will offer tax credits to those who contribute to maintain and preserve natural and man-made historical sites. This implies that any business that contributes substantially to the maintenance or preservation of strategic natural or manmade historical sites will be able to reduce its corporate income tax liability; the business will also be able to access an annual tax credit of up to EC$250,000 on its assessable profits.
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Keywords
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Government TPR |
WT/TPR/G/299/REV.1 |
G-III§1 |
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2014 |
Trade Policy Framework |
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Relevant information
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The Growth and Social Protection Strategy (GSPS) identifies the challenges facing Dominica as those related to accelerating growth in the economy that can be sustainable. The challenges are economic, social, political, and environmental, some of which are beyond the control of Dominica. Dominica continues to be challenged by the global economic crisis, weather systems, and setbacks in foreign investments flows.
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Keywords
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Government TPR |
WT/TPR/G/299/REV.1 |
G-IV§2 |
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2014 |
Trade Policy Framework |
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Relevant information
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Priorities set in this document make poverty reduction the direct focus of the Government's economic and social policy. Government regards the pursuit of sustained strong economic growth to be the main strategy to alleviate poverty.
(…)
The main objectives of the GSPS include:
(…)
• The attainment of sustainable growth and development.
• A reduction in vulnerability to shocks – economic and natural disasters.
(…)
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-I§1 |
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2014 |
Trade Policy Framework |
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Relevant information
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Dominica is an upper middle-income country with a population estimated at 71,780 inhabitants in 2012, and a per capita GDP of US$6,692. Compared with other OECS countries, Dominica is relatively small in terms of population and GDP. The island is mostly volcanic, and is vulnerable to a range of natural disasters and hazards (hurricanes, storms, landslides). In 2007 and 2008, Dominica was struck back-to-back by two hurricanes (Dean and Omar), resulting in socio-economic disruption and considerable damage to infrastructure. In 2011, major flooding severely damaged bridges and roads.
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-I§2 |
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2014 |
Trade Policy Framework |
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Relevant information
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Agriculture (including livestock and forestry) remains a major source of foreign exchange earnings and employment in Dominica. Although in decline over the long term, its contribution to GDP increased from 8.9% in 2007 to 10.5% in 2013 (Table 1.1). This contribution is far larger than in any other OECS country where the agriculture sector accounts for less than 6% of GDP. The sector is vulnerable to natural disasters and crop conditions, which is particularly costly given their relatively frequent occurrence. In 2010, the sector was hard hit by a drought. In 2013, the production of bananas was halved due to a leaf disease.
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-III§15 |
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2014 |
Measures |
Other price and market based measures |
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Relevant information
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In addition to customs duties, the Government levies a customs service charge (CSC), a value added tax (VAT), an excise tax, and an environmental surcharge.
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-III§19 |
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2014 |
Measures |
Other price and market based measures |
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Relevant information
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Pursuant to the Solid Waste Management Act 2002, an environmental surcharge applies to most imported goods at a specific or an ad valorem rate, depending on the item (Table 3.3). (…)
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-Table-III.3 |
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2014 |
Measures |
Other price and market based measures |
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Relevant information
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Table 3.3 Rates of the excise tax and the environmental surcharge
Environmental surcharge
Charge and item: Motor vehicles
Rates: Less than 5 years old: 1% of the c.i.f. value + duties and charges.
Over 5 years old: EC$3,000.00 per unit.
Charge and item: Other goods
Rates: EC$10.00 per unit on used tyres;
EC$20.00 per unit on used refrigerators;
EC$20.00 per unit on used freezers;
EC$10.00 per unit on electric accumulators (batteries);
1.5% on goods in containers made of plastic, glass, metal, paperboard or wood; 1% on all other goods.
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-Table-III.5 |
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2014 |
Measures |
Other price and market based measures |
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Relevant information
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Table 3.5 Main taxes in Dominica
Tax: Environmental levy
Payee/tax base: Imports based on their C.I.F. value, or specific levy
Tax rate (%): EC$3,000 per unit for motor vehicles of five or more years
1 on CIF value for motor vehicles of less than five years
EC$10 per unit on used tyres
Ec$20 per unit on used refrigerators
Ec$20 per unit on used freezers
EC$10 per unit on electric accumulators (batteries)
1.5 on goods in containers made of plastic, glass, metal, paperboard or wood.
1 on all other goods
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Keywords
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Secretariat TPR |
WT/TPR/S/299/REV.1 |
S-Table-IV.3 |
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2014 |
Measures |
Other price and market based measures |
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Relevant information
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Table 4.3 Revenue collected under different taxes on tourism activities, 2007/08 2012/13
Cruise environmental tax:
2007/08 2008/09 2009/10 2010/11 2011/12 2012/13
2,616,664.6 4,754,847.7 6,064,660.1 2,134,057.2 3,396,259.6 2,972,483.9
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Keywords
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