- Income tax brackets updated
Full refresh — verification date, data year 2026, authority URL, WHT 15%, social cap 78,000, treaty count 21, sources and descriptions (https://www.sknird.com/corporate-income-tax/) Source
Top income tax
None
None system
Corporate tax
33.0%
VAT
17.0%
standard rate
Tax residency
183 days
21 tax treaties
Saint Kitts and Nevis tax profile
Data year: 2026
- Tax system
- None There is no personal income tax: the IRD states that tax on individuals was abolished in 1980. Corporate income tax applies at 33% on the assessable income of resident companies (worldwide income under the 2021 amendments) and of non-residents with a permanent establishment in the federation. Value added tax is charged at a standard rate of 17% on taxable supplies and imports. Unincorporated businesses carrying on trade locally may be subject to a separate unincorporated business tax (4% on qualifying local turnover), distinct from corporate income tax.
- Top PIT rate
- No Income Tax
- Corporate tax rate
- 33.0%
- VAT
- 17.0%
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 5.0%
- Social security (employer)
- 5.0%
- Social security cap (annual)
- XCD 78,000
- Dividend withholding
- 15.0%
- Interest withholding
- 15.0%
- Royalty withholding
- 15.0%
- Treaty count
- 21
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| XCD 0 | and above | 33.0% |
Tax residency
- Days threshold
- 183 days
- Residency rules
- Tax residency for companies follows place of incorporation, central management and control, or registration of an external company. For individuals, physical presence of 183 days in a year is widely cited for tax-residence purposes, but with no personal income tax the main practical effects are social security, property transfer tax, stamp duties, and withholding on federation-source payments to non-residents. Citizenship by investment does not by itself establish tax residence.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
Sources
- IRD — Corporate Income Tax (accessed Oct 9, 2026) No PIT since 1980; CIT filing 3½ months after year-end; quarterly instalments
- Income Tax Act Cap 20.22 (consolidated) (accessed Oct 9, 2026) 33% corporation tax; 15% withholding on payments to non-residents (s.36)
- IRD — VAT 17% from 1 July 2025 (accessed Oct 9, 2026) Standard VAT reverted to 17% after temporary 13% relief
- IRD — Tax treaties list (accessed Oct 9, 2026) Bilateral DTA orders plus CARICOM multilateral agreement
- IRD — MAP guidelines (DTA count) (accessed Oct 9, 2026) 21 DTAs in force (11 bilateral and CARICOM multilateral with 10 partners)
- Social Security Board — contributions (accessed Oct 9, 2026) 5% employee and 5% employer plus 1% employment injury for ages 16–62
- Social Security Board — insurable earnings ceiling (accessed Oct 9, 2026) XCD 6,500 monthly maximum insurable earnings from 1998
- PKF Worldwide Tax Guide 2026–27 — St. Kitts and Nevis (accessed Oct 9, 2026) Cross-check of no PIT, 33% CIT, 17% VAT, 15% non-resident WHT