The Barbados Government Information Service has published the Budgetary Proposal and Financial Statement 2019, which was delivered by Prime Minister and Minister of Finance and Economic Affairs Mia Amor Mottley on 20 March 2019. The main tax-related proposals include:
- The introduction of a withholding tax exemption on interest, management fee, and royalty payments to non-residents with effect from 20 March 2019 (management fees also become non-deductible);
- The introduction of a withholding …