As a consequence of the general guidelines established by the Organization for Economic Co-operation and Development (OECD) and the European Union, the Inland Revenue Department (IRD) of St Kitts & Nevis now demands from the entities registered under the Nevis Business Corporation Ordinance to file a simplified version of a tax return. 
In the case of entities that do not carry out activities in this jurisdiction, there is a simplified format to make a sworn statement. Although the deadline for submitting it has already expired, the government and the private sector are working on an eventual extension of it.