Barbados Hints At Tax Changes
by Mike Godfrey, Lowtax.net, Washington
05 September, 2017
Donville Inniss, Barbados's Minister of Industry, International Business, and Small Business Development, has hinted at changes to existing tax rates.
Inniss made the comments at an international business workshop held by the island's Institute of Chartered Accountants.
Innis said a full review of the island's international business sector is already underway. He told the audience: "We have to be far more proactive and realize that there are some inherent dangers to the present suite of legislation, which must be amended... Our design is to have a product mix that fits into global standards, ensuring greater substance in our jurisdiction, and better positioning Barbados to be a more significant domicile for international business."
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