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The Business Companies (Economic Substance) Act, 2018 – 41 was enacted in Barbados on 1 January 2019 in response to Action 5 of the OECD's Action Plan on Base Erosion and Profit Shifting.
Invest Barbados
Today [Wednesday, October 17, 2018], representatives of the Ministry of International Business and Industry who are attending the Organization for Economic Cooperation and Development's (OECD)...
Invest Barbados
Barbados will continue to place emphasis on the development and growth of the international business and financial services sector, the second largest contributor to Barbados' economic success.
Invest Barbados
The contribution of this island's international business sector to the social and economic development of Barbados is not to be underestimated.
Invest Barbados
Despite the various challenges confronting Barbados, Minister of Finance, Christopher Sinckler, is reminding citizens that "we still have a fundamentally good economy".
Invest Barbados
Prime Minister Freundel Stuart has reiterated that Government is continuing to keep the "ship of state" steady and on a growth path in a still volatile global economic environment.
Invest Barbados
In response to the global outcry against offshore financial jurisdictions caused by the "Panama Papers" leak, the Government of Barbados issued a statement intended to provide the public with a balanced and rational perspective.
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