Tax and Money Matters

In several Caribbean countries, the U.S. Internal Revenue Service permits companies to deduct the cost of their business meetings the same way they would for a meeting held in the U.S. Meetings held in Bermuda, Jamaica, Guyana, Barbados, Dominica, St. Lucia, Grenada, Dominican Republic, Trinidad and Tobago, and, of course, Puerto Rico and the U.S. Virgin Islands, are eligible.