The Saint Lucia government has issued a release announcing amendments to the Fiscal Incentives Act, which include an extension of the invectives to benefit more local businesses. --- MORE LOCAL BUSINESSES TO BENEFIT FROM TAX HOLIDAYS AND DUTY FREE CONCESSIONS. The Fiscal Incentives Act is the primary legislation governing the award of incentives to manufacturing, service or processing industries. Fiscal incentives were introduced to facilitate local and foreign investment in the productive sector of the economy. In its current format, the Act offers a range of incentives to manufacturing entities including tax holidays up to a maximum of fifteen (15)...