Major Revenue Streams
There are currently five (5) sales-type taxes in the tax system of the Turks and Caicos Islands. These taxes are imposed on various sectors such as tourism, financial and telecommunication and are administered by the Revenue Department. The Department is also responsible for administration of the Business License program.
A summary of these revenue streams is provided below:
All business operators except for those exempt under the Ordinance
Financial Services Fees
Insurance Premiums on domestic business except life and health
Motor Vehicle / Scooter Rental
Motor Vehicle Rental Operators