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
