The OECD has announced that Antigua and Barbuda, Saint Vincent and the Grenadines, and Dominica have signed up to its Inclusive Framework on BEPS, bringing membership to 122.
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Lowtax.net News: No New Taxes in Antigua And Barbuda Budget
Antigua and Babuda’s recent 2018 Budget imposed no new taxes despite ongoing fiscal challenges and a high debt to GDP ratio.
Lowtax.net News: ECLAC Reinforces Need For ‚Fair Tax‘ In LatAm, Caribbean
At a seminar to mark its 70th anniversary, the UN Economic Commission for Latin America and the Caribbean highlighted the importance of territories in the region to wholeheartedly adopting evolving tax transparency standards, given the reputational impact on their economies if they are found to be non-compliant.
Lowtax.net News: ECCB Says Blockchain Could Solve Caribbean De-Risking Crisis
The Director of the Eastern Caribbean Central Bank, Christopher Louard, recently said blockchain technology may provide a possible solution to the region’s „derisking“ challenges.
Lowtax.net News: IMF Highlights Bank Derisking’s Impact On Caribbean
Caribbean banks have lost important correspondent banking relationships as a result of international banks withdrawing from the region, according to a working paper recently released by the International Monetary Fund.
Lowtax.net News: Caribbean Community Seeks Swedish Support On Tax Issues
The Secretary-General of the Caribbean Community, Irwin LaRocque, has urged Sweden to use its position in two major international organizations to highlight the unfair labeling of some Community member states as „non-cooperative tax jurisdictions.“
Lowtax.net News: Caribbean States To Improve Internet Infrastructure
The Caribbean Community has approved a roadmap for the creation of a single „Information Communication Technology Space“ for its member states.
Lowtax.net News: BVI Hosts Regional BEPS Conference
The British Virgin Islands has hosted a regional conference on „Current Developments in International Taxation and the Impact on Caribbean Jurisdictions.“
Lowtax.net News: IMF Praises Tax Reforms In Caribbean Region
The IMF has released a report that takes stock of the recent work of the Caribbean Regional Technical Assistance Center, which has supported Caribbean territories to improve their tax regimes since 2001.
Lowtax.net News: Bank De-Risking Highlighted At Commonwealth Meeting
The Commonwealth Secretariat recently hosted a public meeting to discuss the findings of a survey into the challenges faced by its members with respect to the drop in correspondent banking relationships, or bank „de-risking.“
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