Lovell on ABST & PIT Reduction

St. John’s, Antigua – Minister of Finance and the Economy, Hon. Harold Lovell say that the elimination of the taxes could cause a significant reduction in government funding needed to ensure the provision of vital services.

The finance minister adds that Antigua and Barbuda is amongst the countries in the region with the lowest sales tax being 15%.

He contends that a maintainable tax structure is needed support the country’s growth.