The Canadian government has announced a new partnership between the Canada Revenue Agency (CRA) and the International Monetary Fund's Caribbean Regional Technical Assistance Centre (CARTAC) to help develop the region’s tax systems.
According to Canada, the Memorandum of Understanding, signed in March, paves the way for CRA “subject matter experts” to assist CARTAC's 21 member countries by providing training on a variety of topics aimed at increasing the capacity for tax administration in the Caribbean.
"By sharing our expertise, Canada is helping Caribbean countries develop the revenue systems needed for stability and economic growth and is an important aspect of our engagement in the Americas,” commented Jean-Pierre Blackburn, Minister of National Revenue.
CARTAC was created in 2001 by the International Monetary Fund (IMF) as a project under the United Nations Development Program. Located in Barbados, it provides assistance to 21 member countries on taxation, customs, expenditure, statistics and banking. These countries include: Anguilla, Antigua, Bahamas, Barbados, Belize, British Virgin Islands, Cayman Islands, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, and Turks and Caicos.
CARTAC is funded by Canada, the Inter-American Development Bank, Ireland, the IMF, the United Kingdom, the United Nations Development Program, the United States, the European Union, and the World Bank.
.
Network Tweets Archive
| Resources | Partners
| Site Map | Links
| Newsletter
Archive | Contact
| RSS Feeds
About | Syndication |
Advertising & Marketing |
Recruitment |
Terms & Conditions |
Privacy
Copyright © 2012 - All Rights Reserved - Tax-News.com
All content provided by BSI Media
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment