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Barbados News - Business, Taxation & Offshore

Barbados Modernizes Land Tax Administration

by Amanda Banks, Tax-News.com, London

Thursday, January 26, 2012

Barbados has announced that it will soon roll out its online portal for taxpayers to view and pay their land tax bills online, although the system is not yet available for foreign property owners. Read Full Story


UK, Caribbean Talks Focus On APD

by Amanda Banks, Tax-News.com, London

Wednesday, January 25, 2012

Leaders from Caribbean nations and the United Kingdom agreed at the end of a two-day summit an action plan to establish 'a new and improved strategic partnership to promote prosperity'. Importantly, the UK government committed to reopen negotiations to mitigate the impact of the UK's air travel tax on Caribbean territories. Read Full Story


IMF Recommends Permanent VAT Hike For Barbados

by Amanda Banks, Tax-News.com, London

Wednesday, January 25, 2012

The International Monetary Fund has suggested that the Barbados government should raise more money from tax in reviewing its medium-term fiscal strategy, aimed at eliminating the territory's deficit by the fiscal year 2014/2015. Read Full Story