Tag Archives: Barbados: Local and International Business Taxes now the same – OECD pressure

Barbados: Local and International Business Taxes now the same – OECD pressure

Barbados jumps ahead in tax reforms

By George Alleyne – Caribbean Life News

Barbados PM Mia Mottley

Barbados has responded to another instance of the Organisation for Economic Cooperation and Development (OECD) pressure by radically reforming its company tax system, that probably puts the island ahead of many jurisdictions trading in international business.

In its constant pursuit of nationals who evade paying taxes at home, the European Union had blamed several countries that host offshore companies, including many in the Caribbean, of offering attractive low levies to lure Europeans who then do not pay the same at home.    Continue reading

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