Turks and Caicos Islands
Social security and national heath contributions
Social security and national health contributions are payable by employees, employers, and self-employed individuals at a range of rates that are varied from time to time.
Consumption taxes are not applicable in general. However, restaurants and bars will charge tax.
Net wealth/worth taxes
There are no net wealth/worth taxes in the Turks and Caicos Islands.
Inheritance, estate, and gift taxes
There are no inheritance, estate, or gift taxes in the Turks and Caicos Islands.
There are no property taxes in the Turks and Caicos Islands.
Luxury and excise taxes
There are no luxury or excise taxes in the Turks and Caicos Islands.
Other non-income taxes
Taxes are payable by the owners and collected by the government on property rentals and restaurant/bar sales.