Taxpayers are allowed to credit foreign taxes paid on income earned in a British Commonwealth country against the St. Kitts and Nevis tax liability. In case of resident taxpayers, the foreign tax credit is limited to half the amount of St. Kitts and Nevis tax applicable on such foreign income. In case of non-resident taxpayers, the foreign tax credit is limited to the amount by which the St. Kitts and Nevis tax applicable on such foreign income exceeds half the amount of foreign tax paid on such income.

Bilateral relief may also be available under a tax treaty entered into by St. Kitts and Nevis.

Below is a summary of the available methods for various income tax streams based on domestic law.

Royalty Copyright	OC
Capital Gains	OC
Dividends	OC
Interest	OC
Royalty Patent	OC
Sales	OC
Service Management	OC
Service Technical	OC
Royalty Trademark	OC

The credit column shows the type of foreign tax credit granted when the receiving country receives a payment. Four abbreviations are used for the type of foreign tax credit available:

NC means no credit but foreign withholding taxes can be deducted.
OC means ordinary credit, i.e., credit for foreign withholding taxes (e.g., withholding taxes).
IC means indirect credit, i.e., credit for underlying corporate taxes as well as foreign withholding taxes.
ND means no credit and no deduction for any foreign withholding taxes incurred.

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