News Stories Tagged 'International Monetary Fund (IMF)'
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IMF Highlights Bank Derisking's Impact On Caribbean
by Mike Godfrey, Lowtax.net, Washington
03 October, 2017
Caribbean banks have lost important correspondent banking relationships as a result of international banks withdrawing from the region, according to a working paper recently released by the International Monetary Fund.
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Bahamas Should 'Look To Income Tax To Balance Books,' IMF Says
by Mike Godfrey, Lowtax.net, Washington
18 September, 2017
The Bahamas should consider introducing a low-rate income tax in the not-too-distant future, to counterbalance revenues lost from lowering import duties.
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St. Kitts And Nevis Should Broaden Tax Base Says IMF
by Mike Godfrey, Lowtax.net, Washington
15 May, 2017
In its latest report for the territory, the International Monetary Fund has recommended that Caribbean territory Saint Kitts and Nevis change focus to reviewing the tax incentives it offers.
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Trinidad And Tobago Says No Issue With VAT Refunds
by Mike Godfrey, Lowtax.net, Washington
21 April, 2017
Trinidad and Tobago has said it has not suspended VAT refunds, in a statement intended to debunk a recent news report.
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BVI Affirms Commitment To Transparency
by Mike Godfrey, Lowtax.net, Washington
07 April, 2017
At a recent Hong Kong event, representatives from the British Virgin Islands outlined the territory's efforts to meet international tax transparency standards.
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Hong Kong Should Continue 'Prudent Fiscal Policy': IMF
by Mary Swire, Lowtax.net, Hong Kong
17 January, 2017
In concluding its 2016 Article IV consultation with Hong Kong, the International Monetary Fund said that the Government's fiscal policy "needs to strike a balance between supporting aggregate demand and preserving a buffer for the longer-run challenge posed by aging."
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IMF Works To Address Caribbean 'De-risking' Woes
by Mike Godfrey, Lowtax.net, Washington
31 October, 2016
The International Monetary Fund has set out the actions being taken and further possible options to address bank de-risking for Caribbean nations.
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IMF Praises Tax Reforms In Caribbean Region
by Mike Godfrey, Lowtax.net, Washington
28 October, 2016
The IMF has released a report that takes stock of the recent work of the Caribbean Regional Technical Assistance Center, which has supported Caribbean territories to improve their tax regimes since 2001.
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Barbados Finalizing Tax Authority Merger
by Mike Godfrey, Lowtax.net, Washington
05 September, 2016
Officials from Barbados's Customs Service will instead begin working for the Barbados Revenue Authority from October 1 as part of a merger of the two authorities.
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Barbados Praised For Tax Reform Progress
by Mike Godfrey, Lowtax.net, Washington
29 August, 2016
Barbados has been praised by the International Monetary Fund for the considerable tax reforms it has implemented to shore up the territory's finances since the financial crisis, with tax administration reforms now said to be the priority.
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