Saint Vincent and the Grenadines
A. Progress in the implementation of the minimum standard
Saint Vincent and the Grenadines has two tax agreements, as reported in its response to the Peer Review questionnaire, including the multilateral agreement among the members of the CARICOM concluded with ten treaty partners (the CARICOM Agreement).1
Neither of Saint Vincent and the Grenadines’ agreements comply with the minimum standard or are subject to a complying instrument.
B. Implementation issues
As Saint Vincent and the Grenadines has not signed the MLI or implemented anti-treaty-shopping measures in its agreements, the Secretariat will offer its support to design a plan for the implementation of the minimum standard to strengthen its network of agreements.
Saint Vincent and the Grenadines is encouraged to bring the CARICOM Agreement up to date by commencing talks among all the treaty partners.2
Notes
← 1. In total, Saint Vincent and the Grenadines identified eleven "agreements" in its List of Tax agreements: one bilateral agreement and the CARICOM Agreement concluded with ten of its treaty partners.
← 2. Revisions to the CARICOM Agreement require an agreement from its eleven treaty partners.