19/07/21

BARBADOS: More to country ‘than low tax’.

As published on nationnews.com, Monday 19 July, 2021.

Barbados must use the current war against low corporate tax to remind the world that it has much more than that to offer international investors.

That call to action has come from Barbadian chartered accountant and entrepreneur David Simpson, who recently assumed the presidency of the Institute of Chartered Accountants of the Caribbean.

He said that he was confident that once Barbados significantly improved the ease of doing business, leveraged advantages like its highlyeducated workforce, and innovated through programmes like the Barbados Welcome Stamp, overseas businesses would still want to establish operations here.

The world’s largest economies, led by the United States, are pushing for the introduction of a 15 per cent corporate tax rate for all countries. (SC)