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indirect tax Caribbean

Taxed Like Europe?  What the World’s Tax Rankings Really Say About the Caribbean

The finding Jamaica collects tax equal to 25.6% of its GDP — more, as a share of its economy, than the United States (19.5%), Germany (23.0%), Japan (20.2%) or Switzerland (20.0%). Barbados, at 27.8%, collects more than Greece and sits on the global top-20 list beside the Nordic welfare states. That is the Caribbean story...

The Tax Gap: Why Caribbean Enterprises Are Leaving Money on the Table and Exposing Themselves to Risk

  The Audit That Revealed Six Years of Overpayment The chief financial officer of a Caribbean beverage manufacturer received a call from the company’s external tax advisor on a Thursday afternoon in September. The advisor had been engaged to assist with a routine tax audit by the revenue authority — an audit the company had...

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