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Level tax playing field coming - Toppin - Barbados Today


March 17, 2021
The distinction between international business companies and domestic firms in the payment of corporate tax to Government is to officially end in three months, Minister of International Business Ronald Toppin has revealed.
As the House of Assembly considers the
2021/2022 Estimates of Revenue and Expenditure, he told lawmakers that by June 30, the Mottley administration will completely close the taxation gap between these two types of business operations.
Toppin said: “We have already revised our corporate tax structure. We have converged our corporate tax rates [for] domestic and international business companies. We have brought the tax rate down to a rate that is more found in the international business sector which is between 5.5 per cent corporate tax at the top and one per cent at the bottom. ....

European Union , House Of Assembly , International Business Ronald Toppin , Organisation For Economic Cooperation , Economic Cooperation , ஐரோப்பிய தொழிற்சங்கம் , வீடு ஆஃப் சட்டசபை , சர்வதேச வணிக ரொனால்ட் தோப்பின் , ஆர்கநைஸேஶந் க்கு பொருளாதார ஒத்துழைப்பு , பொருளாதார ஒத்துழைப்பு ,

$12 million BIDC hole - Barbados Today


$12 million BIDC hole
Article by
March 16, 2021
Pay your rent, was the message Minister of International Business Ronald Toppin sent on  Monday to delinquent tenants of the Barbados Investment & Development  Corporation (BIDC), who owe the agency some $12 million.
The situation is now so bad that the BIDC’s acting Chief Executive Officer Dwaine Stuart told Parliament Monday it was “really hampering” the operations of the state agency.
The financial bind, in which the business development and export promotion agency finds itself, was outlined Monday during the first day of debate on the
Appropriation Bill – the Estimates Debate in the House of Assembly. ....

Dwaine Stuart , Ministry Of International Business , House Of Assembly , International Business Ronald Toppin , Barbados Investment , Chief Executive Officer Dwaine Stuart , Parliament Monday , Appropriation Bill , Estimates Debate , International Business , அமைச்சகம் ஆஃப் சர்வதேச வணிக , வீடு ஆஃப் சட்டசபை , சர்வதேச வணிக ரொனால்ட் தோப்பின் , பார்படோஸ் முதலீடு , பாராளுமன்றம் திங்கட்கிழமை , மதிப்பீடுகள் விவாதம் , சர்வதேச வணிக ,