Thumbs up for tax move

UK Barbados Nation - - NEWS - – ANDY ARM­STRONG

WOW! THIS IS SEIS­MIC. I never thought I would live to see the day when a Gov­ern­ment was bold enough to treat lo­cal com­pa­nies the same way that they treat in­ter­na­tional com­pa­nies ( Big Gift For Com­pa­nies, Page 4).

The rev­e­la­tion that the pre­vi­ous ad­min­is­tra­tion had al­ready com­mit­ted to do­ing some­thing sim­i­lar by end of 2018 in­di­cates that there was (and, hope­fully, still is) a bi­par­ti­san un­der­stand­ing that it is time our tax sys­tem stops dis­crim­i­nat­ing against lo­cal busi­ness.

I would also chal­lenge com­pa­nies that have set up in other ju­ris­dic­tions such as St Lu­cia (quite legally) to re­duce their tax bur­den, to come back home; Bar­ba­dos needs you!

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