Minister Toppin: Barbados Is OECD Compliant

Shamkoe Pilé Top Stories

Barbados is no longer under threat of a negative listing by the Organisation for Economic Co-operation and Development (OECD). Minister of International Business and Industry, Ronald Toppin, made this disclosure during an international tax conference with stakeholders in New York on Thursday. Minister Toppin said his Ministry had received confirmation from the OECD that it supports legislative changes enacted by …

OECD To Decide On Barbados’ BEPS Response

Shamkoe Pilé Top Stories

A team from the Ministry of International Business will travel next week to the Organization for Economic Cooperation and Development (OECD) in Paris, France, to attend the Forum on Harmful Tax Practice (FHTP) from January 9 to 11. During the forum, the final review of Barbados’ response to the Base Erosion and Profit Shifting (BEPS) initiative will take place. Director …

Barbados Seeking OECD Compliance By Year-End

bgis Top Stories

Government is on track to revise its current suite of international business legislation by year-end to ensure compliance with the Organisation for Economic Cooperation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) Action 5 on Harmful Tax Practices. According to the Ministry of International Business and Industry, the work is ongoing and engaging the full attention of the Office …

Statement By International Business Minister, Ronald Toppin

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Statement by Minister of International Business and Industry, Ronald Toppin Today, representatives of the Ministry of International Business and Industry who are attending the Organization for Economic Cooperation and Development’s (OECD) Forum on Harmful Tax Practices (FHTP) reported positive outcomes on Barbados’ review under the Action 5 of the BEPS Initiative. The Director of International Business had updated the Forum …

BRA Participates In CARICOM-OECD Workshop

bgis Ministry News

The Barbados Revenue Authority was among seven other tax administrations in the region represented at a CARICOM-OECD (Organisation for Economic Co-operation and Development) Workshop, in Kingston, Jamaica, last week. The two-day workshop provided member states with an opportunity to discuss the impact and progress of the Base Erosion and Profit Shifting (BEPS) Project in the Caribbean Community, while sharing experiences …

Inniss: Don’t Complain, Look For Opportunities

Joy-Ann Gill Top Stories

Barbados’ task is not just to sit, quarrel and complain about what others like the Organisation for Economic Co-operation and Development (OECD) are proposing; rather, it is to look and examine the opportunities. International Business Minister, Donville Inniss, underscored this point today, as he addressed the consultation with the OECD on Legislative Changes relating to Action 5 and the Forum …

Creating A Vibrant Int’l Business Environment

Joy-Ann Gill Top Stories

Barbados’ approach to growing and developing its international business sector and financial sector has never been passive. This was intimated today by Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, as he addressed the consultation with the Organisation for Economic Co-operation and Development on Legislative Changes relating to Action 5 and the Forum on Harmful Tax …