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Barbados Joins Statement on Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy

16 August 2021

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Approved Changes

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Barbados-OECD

The OECD has announced that Barbados has joined the statement agreeing to a two-pillar solution to address the tax challenges arising from the digitalisation of the economy. With the addition of Barbados, six framework members have yet to join the statement as of 12 August 2021, including Estonia, Hungary, Ireland, Kenya, Nigeria, and Sri Lanka. --- Barbados joins agreement to address the tax challenges arising from the digitalisation of the economy 12/08/2021 – Barbados has joined the two-pillar plan to reform the international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate, bringing...