FOR IMMEDIATE RELEASE FROM:

THE TURKS AND CAICOS ISLANDS GOVERNMENT INFORMATION SERVICE (TCI-GIS)

Office of Public Service Management
Grand Turk,
Turks and Caicos Islands
Tel: (649) 946-2801
Web: www.tcgov.tc

GRAND TURK, Turks and Caicos Islands; Monday, October 19th, 2009 – On 20th July 2009, as part of the revised revenue generating measures, the Cabinet agreed to the introduction of an additional 1% hotel and restaurant tax. This was due to come to into force on 1st August 2009.

Due to unforeseen circumstances, the introduction of this measure was delayed and subsequently gazetted to come into force 1st October 2009. However, following representation made by industry stakeholders, the tax rise will be effective from 1st November 2009.