None.
The employee is liable to stabilization levy at the rate of 3% payable on remuneration exceeding XCD 2 000 per month.
The employer also pays stabilization levy at the rate of 3% of the remuneration, but not more than XCD 12 000 per month.
None.
There are no CFC rules in place.
None.
On July 1, 2022, a VAT equivalent was introduced—the Goods and Services Tax (GST). GST replaced the temporary goods tax, accommodation tax, environmental tax, communications tax, and public entertainment levy. The standard GST rate is 13%, and the registration threshold is an annual turnover or expected annual turnover of XCD 300 000 (East Caribbean dollars).
Certain supplies are subject to a zero rate, including basic foodstuffs, commercial agricultural and fishery products, manufacturing products, exports, and others.
In addition, certain supplies are exempt from taxation, including healthcare products, prescription drugs, educational services, insurance and financial services, and others.
Employees pay social security contributions at the rate of 5,5% of their monthly earnings (up to 2 600 dollars).
Employers also pay social security contributions at the rate of 5%.
An annual property tax is paid at the rate of 0,75% of the value of the land – for land with buildings on it.
Buyers of immovable property pay tax on its value at the rate of 5%. Foreigners purchasing immovable property are subject to a 12,5% levy.
When renting a hotel room or an apartment, a 10% accommodation tax is charged.
Documents that provide evidence of a contractual relationship are subject to stamp duty at the rates ranging from 0,01% to 5%.
Anguilla has entered into 16 Tax Information Exchange Agreement (TIEA) with the following jurisdictions:
16 TIEAs: Australia, Belgium, Canada, Denmark, Faroe Islands, France, Finland, Germany, Greenland, Iceland, Ireland, Netherlands, New Zealand, Norway, Sweden, United Kingdom.
On October 24, 2014, Anguilla signed the Multilateral Competent Authorities Agreement on Automatic Exchange of Financial Account Information under the Common Reporting Standard (CRS MCAA), under which Anguilla receives information from its financial institutions and automatically exchanges this information with other jurisdictions on an annual basis. The automatic exchange began in September 2017.
There are generally no foreign exchange restrictions.