(2.) Value Added Tax – VAT
There is no longer a VAT tax in Belize. It was removed in 1999 and replaced with a sales tax. The sales tax is generally eight percent (twelve percent for alcohol, tobacco and fuel). The sales tax covers items purchased within Belize or imported into Belize. There are exemptions for water and electricity. There are also exemptions for certain financial services. Items brought through Export Processing Zones or Commercial Free Zones are also exempt. Also exempt are basic food stuffs and common medicines for human consumption and use.
 Sales Tax Act (Chap. 65), 2000 Revision.