Identifier
Created
Classification
Origin
07BRIDGETOWN475
2007-04-23 19:59:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Embassy Bridgetown
Cable title:  

NOTIFICATION OF TIEA INVALIDITY DELIVERED TO ST.

Tags:  ECON EFIN PREL ST XL 
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VZCZCXRO4143
PP RUEHGR
DE RUEHWN #0475 1131959
ZNR UUUUU ZZH
P 231959Z APR 07
FM AMEMBASSY BRIDGETOWN
TO RUEATRS/DEPT OF TREASURY WASHDC PRIORITY
RUEHC/SECSTATE WASHDC PRIORITY 4576
INFO RUEHGR/AMEMBASSY GRENADA 0247
UNCLAS BRIDGETOWN 000475 

SIPDIS

SENSITIVE
SIPDIS

TREASURY FOR IRS
STATE FOR WHA/CAR

E.O. 12958: N/A
TAGS: ECON EFIN PREL ST XL
SUBJECT: NOTIFICATION OF TIEA INVALIDITY DELIVERED TO ST.
LUCIA

REF: A. BRIDGETOWN 286

B. BRIDGETOWN 195

C. 06 STATE 204037

UNCLAS BRIDGETOWN 000475

SIPDIS

SENSITIVE
SIPDIS

TREASURY FOR IRS
STATE FOR WHA/CAR

E.O. 12958: N/A
TAGS: ECON EFIN PREL ST XL
SUBJECT: NOTIFICATION OF TIEA INVALIDITY DELIVERED TO ST.
LUCIA

REF: A. BRIDGETOWN 286

B. BRIDGETOWN 195

C. 06 STATE 204037


1. (SBU) Per refs A and B, Ambassador and DCM warned PM
John Compton in separate meetings in February that St. Lucia
was at risk of losing its "convention benefit" under U.S. tax
law.


2. (U) On April 16, 2007, post notified the government of
St. Lucia formally via Diplomatic Note #0302 of the IRS
finding that St. Lucia no longer qualifies for the
"convention benefit" under the Tax Information Exchange
Agreement (TIEA). Post also delivered Section 274(h) of the
U.S. Internal Revenue Code to the Ministry of External
Affairs, International Financial Services, Information and
Broadcasting under cover of the same Diplomatic Note.


3. (U) Post will report any responses.
GILROY