Grenada business taxation and offshore information grenada is the largest of a group of caribbean islands north of trinidad and tobago it is volcanic in origin with central mountains there are extensive sandy beaches and many reefs. Grenada also has a tax information exchange agreement with the united states to strengthen the supervision of the nonbank financial sector including the insurance sector cooperatives offshore financial services and money remitters the government enacted the grenada authority for the regulation of financial institutions garfin act in may . Caribbean states appeal to eu over tax blacklisting by mike godfrey tax newscom washington friday march 23 2018 the organisation of eastern caribbean states a grouping of 15 caribbean territories says it is working hard through its brussels embassy to address eu concerns which have led to a number of its members being included on a tax blacklist. Offshore business entities in tax haven grenada are taxed at a rate of 0there are no capital gains taxes or corporate tax on the profits of an offshore business entity in grenada tax haven grenada offshore business entities are thus ideal for people who want to reduce their tax burden. Tax relief provided to grenada offshore companies originate from the absence of tax on international profits or income earned outside grenada coupled with the need to not withhold any returns earned through dividends or interest not pay tax on capital gains inheritance gifts death or succession
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