Monthly Archives: July 2011

Central Bank of Barbados Report on Economic Performance

The Governor of the Central Bank of Barbados, Dr. DeLisle Worrell, has said that the country is doing better than most given the challenging economic climate. In a recent press conference, he described the economic impact of the global downturn as “the most difficult economic environment we have faced.” He said that the challenges were Continue Reading...

Barbados Initials Tax Agreements with Denmark and Iceland

Barbados has initialed a Tax Information Exchange Agreement (TIEA) with Denmark and its dependencies including Greenland and the Faroe Islands. In addition, a Double Taxation Agreement (DTA) was initialed with Iceland. Protocols adding to already existing DTAs with Finland, Norway and Sweden were also initialed. These moves reinforce Barbados’ policy of expanding its tax treaty Continue Reading...