Reprinted from Caribbean Update
Concern about new hotel tax
The President of the St. Lucia Hotel and Tourism Association (SLHTA), Craig Barnard, has warned that excessive taxation in the tourism sector can lead to a significant decline in the island's main foreign exchange earner, reports CANA (May 31, 1998). Barnard, who operates one of
10 all-inclusive hotels here, issued the warning as all-inclusive hotels
reluctantly prepared to implement a US$ 10 head tax on visitors, starting
June 1. Prime Minister/Finance Minister Dr. Kenny Anthony says the new tax
will yield an extra EC$ 8 million (US$ 2.96 million). |