Barbados ‘making progress’ in tax transparency

Barbados ‘making progress’ in tax transparency

Barbados has satisfied the Organisation for Economic Cooperation and Development (OECD) that it is collecting and sharing tax information on large multinational enterprises (MNEs) operating in the country.This is in fulfillment of a commitment to strengthen tax transparency through country-by-country reporting under the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project.The OECD, an international tax watchdog based in Paris, France, define…