Barbados has joined the two-pillar plan to reform the international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate, bringing to 133 the total number of jurisdictions participating in the agreement.
The Statement, released on the 1st of July 2021 and agreed by Barbados today, establishes a new proposal for international tax reform based on a two-pillar package.
Click here to read the full article from the Organisation for Economic Co-operation and Development.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
