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Barbados 2015 Budget Presented

|Proposed Changes|Barbados
Barbados

The Barbados Minister of Finance Christopher Sinckler presented the country's 2015 Budget on 15 June 2015. The main tax related measures proposed are summarized as follows:

Value Added Tax (VAT)

  • From 1 September 2015, certain food items not available from local sources will be recategorized as subject to the standard 17.5% VAT rate instead of zero-rated, and all betting and gaming services wi…

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