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IB Week 2017

  October 19-20
  Lloyd Erskine Sandiford
  Centre, Barbados

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Caribbean Conference

  December 6, 2017
  Montego Bay, Jamaica

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Understanding Double Taxation Agreements


In order to encourage the growth of international trade and commerce, and to provide a measure of certainty regarding the interpretation and application of tax laws and regulations, successive Barbados governments have sought to conclude double taxation agreements (DTAs) with important trading partners, including emerging countries. This policy is expected to continue into the future.

The issues surrounding tax are dynamic and increasingly evolving, and are becoming more and more complex, both locally and globally.  One of the fundamental tenets of DTAs is that they seek to eliminate the double taxation of income arising in one jurisdiction and paid to another.  

Double taxation

There are two kinds of double taxation:

•    juridical double taxation (most commonly seen in the international arena); and

•    economic double taxation.



Written by Louisa Lewis-Ward, Tax Partner, KPMG; Source: Barbados International Finance & Business 2017

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