Barbados’ tax system is about to undergo a major overhaul as a result of the country’s separation from the Royal Family.
A fortnight after becoming the world’s newest republic in nearly three decades, BARBADOS is getting ready to overhaul its system for a universal basic income.
According to a Barbados official, the universal basic income could take the form of a “citizen’s dividend.”Barbados’ Special Envoy on Investment and Financial Services, Avinash Persaud, took to Facebook to tease these plans, which will build on the country’s existing social infrastructure.According to Mr Persaud, Barbados’ current reverse tax credit is the country’s “first foray” […]
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