11/27/2018
The legislative changes are part of Barbados’ commitment to ensure it is compliant with the Organisation for Economic Cooperation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) programme
11/27/2018
The Bill will now return to the House of Lords for consideration of the amendments and Royal Assent may be received in November, meaning that new rate is likely to be in place by July 2019.
11/27/2018
Payments by Barbados-registered IBCs to non-residents and to other IBCs currently benefit from a range of tax exemptions.
11/26/2018
Spanish prime minister had demanded written assurance as price of support for withdrawal agreement
11/23/2018
The bank moved its back-office operations, inclusive of account processing, reconciliations, customer support, and collection services to Port of Spain to cover customers in Trinidad and Tobago and 17 other countries in the Caribbean from that location.
11/23/2018
The tests require companies that are in scope to demonstrate that they meet the economic substance tests, including that they are "directed and managed" in Guernsey
11/23/2018
CIMA supervises and regulates banks incorporated and licensed in Cayman in accordance with the principles developed by the Basel Committee on Banking Supervision.
11/23/2018
Anthony said there’s nothing that the CDB loves more than consultants, adding that every single project must have consultants.
11/23/2018
She said that the opposition is maintaining its position that the Income Tax (Amendment) Bill, 2018 “lacks clarity, is ambiguous and flawed” and that she had received correspondence from Finance Minister Colm Imbert on the matter.
11/22/2018
The country also allows dual citizenship and holders of its passport can also keep and the original passport of the country of the immigrant’s origin.
11/22/2018
The ECB is to launch a dedicated network of watchdogs sharing information on the matter, its chief supervisor Daniele Nouy said yesterday.
11/22/2018
It has become the narrative that refuses to go away for the largest professional services firms of the UK
11/22/2018
Though the new agency will be established on Jan. 1 under the leadership of the current Collector of Customs Charles Clifford
11/22/2018
These investigations take significant time for our AML, legal and management teams but we believe are worthwhile and we will continue to use this tool where needed.
11/22/2018
The term regulatory sandbox typically describes a “safe space” in which businesses can test new products, services and business models without immediately being subjected to all regulations and licensing requirements.
11/21/2018
The IDB said the loan is funded from the Ordinary Capital and will be disbursed in a single tranche within a year.
11/21/2018
Whilst these are significant changes and will increase the level of documentation and reporting required, it is likely that most companies will either meet the substance requirements or will not be caught by the new rules.
11/20/2018
Earlier this year Guernsey was recognised by the think-tank Z/Yen as an emerging global player in green finance.
11/20/2018
Some exemptions apply to the transfer rule.
11/19/2018
These also represented the highest number of new incorporations in the BVI in a first quarter in three years.