There is no personal income tax for individual St. Kitts and Nevis passport holders; thus, it is unnecessary to file a tax return form, nor is there a need to deal with filing payment or penalties. With corporations, any business incorporated in St Kitts and Nevis will need to file an Income Tax Return, even if the corporation did not have any business transactions during the year or even if it applied for a tax holiday. Any non-resident, corporation, or otherwise, with a permanent business establishment in the Country must file an annual Income Tax Return. An offshore corporation's local branch office will be considered as if they were incorporated in St Kitts and Nevis and as a separate tax entity from their head office.