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Saying "no" to the government is never a good idea. But Microsoft had little option. In a little under a week, Microsoft will again head to a Manhattan court in an effort to try to quash a search warrant, sought by the US Justice Department, in an international drugs-related case.
Italy's Cabinet on August 7 approved legislation to ratify the tax agreements signed with Switzerland, Liechtenstein, and Monaco, reports Tax News.
First boom, then bust: Investors once keen on emerging market darlings are now in full flight, reports the Associated Press.
Minister of International Business Donville Inniss has insisted that moves to put Barbados in a position to share information on foreign citizens with accounts at local financial institutions is not about bowing to the United States.
The Barbados Revenue Authority (BRA) will not be handing over financial information “willy-nilly” because the country has signed a Foreign Account Tax Compliance Act (FATCA) inter-governmental agreement with the United States.
Former prime minister Owen Arthur has insisted that Barbados’ international business sector has to be revitalized and diversified to carry more of the economic burden.
Bermuda’s Ministry of Finance officials say they are “monitoring developments” in Washington after the District of Columbia included Bermuda on a list of tax havens, reports the Royal Gazette.
On August 31, the government of St Kitts and Nevis signed the agreement with the Government of the United States of America to implement the US Foreign Account Tax Compliance Act (FATCA), reports WINN FM.
Financial Services Minister Hope Strachan said yesterday that the landscape of the country’s financial services industry would be strengthened as a result of the nation’s compliance with the tax information exchange agreements such as the US Foreign Account Tax Compliance Act (FATCA), saying that she was fairly satisfied that The Bahamas would be ready when the Act becomes effective in September, reports theBahamas Tribune.
The Ministry on International Business is therefore asking that all service providers be registered by November 1st, 2015.
The Winston Scott Polyclinic received another piece of medical equipment from the Barbados International Business Association (BIBA) Charity on Monday (June 29th, 2015), bringing the total amount of donations to that institution from our charity for the year, to over $250,000.
The Barbados International Business Association (BIBA) announced its new board for the period 2015-2016 at the Association’s recent Annual General Meeting.
Remarks by Ms. Connie Smith, President, Barbados International Business Association: “IBFS: Innovate, Believe, Fashion, Strategise” at Hilton Barbados, Needhams Point, St. Michael on April 10, 2015
President’s Update delivered by Ms. Connie Smith, President of BIBA, at the January 2015 BIBA Luncheon Seminar, Hilton Barbados, Needham’s Point, St. Michael.
The Barbados International Business Association (BIBA) officially welcomes Miss Mialisa Fenty as its new Marketing and Communications Officer. In this new role, she will lead BIBA’s marketing and communications efforts, and will report directly to Mr Henderson Holmes, the Executive Director.
Improve the ease of doing business in Barbados and the additional Government revenue will naturally follow, was the stance taken by Barbados International Business Association (BIBA) President, Ms. Connie Smith, as debate continues to swirl around regarding the appropriate measures that Government needs to take to balance its finances.
The Barbados International Business Association (BIBA) views Barbados’s elevation to the Vice Chairmanship of the Global Forum of the Organization for Economic Cooperation and Development (OECD) as a validation of its high standing among international business and financial centres.