Mr. Speaker, is no path to prosperity that does not lie in being globally competitive; so we might as well bite the bullet and make our tax system so. We choose today to stop running from these constant attacks on a preferential regime. We decide to make our stand as a country that embraces the world, that succeeds by offering global excellence with Barbadian values. We can do that. Let us be inspired in the example of the Right Excellent Sir Garfield Sobers, Rihanna, George Lamming, Kamau Brathwaite and many others. Mr. Speaker, sir, we therefore opt for converging our tax rates down to those that are internationally competitive. In developing the schedule of rates, we have consulted closely with tax experts and international and domestic companies. In February of this year, BIBA, frustrated with the absence of a Government plan, on its own initiative, formed a Task Force. That Task Force was chaired by now Special Advisor to the Government of Barbados, Mr. Ben Arrindell. On July 31 of this
Mr. Speaker, is no path to prosperity that does not lie in being globally competitive; so we might as well bite the bullet and make our tax system so. We choose today to stop running from these constant attacks on a preferential regime. We decide to make our stand as a country that embraces the world, that succeeds by offering global excellence with Barbadian values. We can do that. Let us be inspired in the example of the Right Excellent Sir Garfield Sobers, Rihanna, George Lamming, Kamau Brathwaite and many others. Mr. Speaker, sir, we therefore opt for converging our tax rates down to those that are internationally competitive. In developing the schedule of rates, we have consulted closely with tax experts and international and domestic companies. In February of this year, BIBA, frustrated with the absence of a Government plan, on its own initiative, formed a Task Force. That Task Force was chaired by now Special Advisor to the Government of Barbados, Mr. Ben Arrindell. On July 31 of this
Ministerial-Statement-by-Prime-Minister-Mia-Mottley.docx