Sunday, April 21, 2024

‘We’re no tax haven’


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STRAIGHT-TALKING Minister of Industry, International Business, Commerce and Small Business Development Donville Inniss has slammed global charity Oxfam for its recent ranking of Barbados as one of the worst tax havens in the world.

He told the DAILY NATION that organisations like Oxfam sought to bully small states while remaining mum on the unscrupulous practices of larger nations such as the United States.

“I don’t know where Oxfam’s head lies to tell such blatant [untruths] about a sovereign state. There is no way even the most unenlightened person can say that Barbados is a tax haven, but you have these organisations that criticise us and will not say ‘boo’ about America where there are some states there which practise [such activity]. Yet when it comes to small Barbados, there are those who feel they can run roughshod over us,” he said.

Barbados was on number 13 on the Oxfam global list, with Bermuda at number one followed by the Cayman Islands. Others in the top 15 include the Bahamas, the British Virgin Islands, the Netherlands and Switzerland. (CA)

Please read the full story in today’s Daily Nation, or in the eNATION edition.


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