irdstlucia.gov.lc Tax Clearance Certificate Saint Lucia : Inland Revenue Department

Name of the Organization : Inland Revenue Department
Type of Facility : Tax Clearance Certificate
Country : Saint Lucia

Website : http://irdstlucia.gov.lc/

Tax Clearance Certificate :

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.

Related : Inland Revenue Department Of Saint Lucia Online Tax Filing System : www.statusin.org/7685.html

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.

Individual Income Tax Clearances:
Income tax clearances are given to individual taxpayers. When applying for an Income Tax Clearance the following criteria must be met:
** It is required that a valid National ID card, Driver’s License or Passport be presented to confirm one’s identity.
** An individual’s tax position should be up-to-date, i.e. all relevant returns submitted. Any outstanding return(s) must be submitted before a request for the Clearance Certificate can be considered.
** All outstanding taxes should be paid in full. If you are unable to clear your tax arrears immediately, a satisfactory arrangement can be made with a Collections Officer to clear your arrears before a request for a Clearance Certificate can be considered.
** If you are making a request on behalf of another individual you are required to walk with the Power of Attorney or Letter of Authorization signed by the individual and their ID Card.
** If you are making a request on behalf of an individual residing overseas you must walk with a copy of their Power of Attorney.

A Clearance Certificate takes a minimum of 48 hours to process.

Corporation Tax Clearances:
Corporation tax clearances are given to entities registered with the registrar of companies. Applications made for all Corporation Tax Clearances should meet the following requisites:
** Requests for companies must be made in writing and addressed to the Comptroller.
** The company should have filed all relevant tax returns.
** All outstanding taxes should be paid in full. If the company is unable to clear your tax arrears immediately, a satisfactory arrangement can be made with a Collections Officer to clear your arrears before a request for a Clearance Certificate can be considered.

All applicants will be notified about the status of their clearance applications within one working week

Property Tax Clearances:

Property tax clearances are provided for any transactions having to do with properties, including mortgages, purchases and the sale of properties, transfer of ownership, etc.

When seeking a property tax certificate of compliance, it is mandatory that you provide a recent copy of the land register. The copy of the land register should not have been issued for more than three (3) months prior by the land registry if one is executing:
** A sale
** A donation
** A transfer of land
** Mortgage
** Or any other transaction relative to the property

When applying for a Property Tax Clearance, the following conditions must be met
** It is required that a valid National ID card, Driver’s License or Passport be presented to confirm your identity.
** Applicants requesting this certificate for mortgage/hypothec purposes or for the sale of property are to walk with a copy of their Land Register(s), Deed(s) of Sale and any other document(s) of title.
** Applicants only purchasing property are not required to walk with a Land Register.
** Applicants refinancing mortgages or selling property should have no property tax payments outstanding

A Clearance Certificate takes a minimum of 48 hours to process and is valid for six (6) months on a particular transaction.