Thursday, March 28, 2024

Tax ‘burden’

Date:

Share post:

Fast food chain Burger King says its growth in Barbados has been restricted by burdensome taxes.

Operations director Everick Eastmond said while it was a semi-processing business, it had been lumped with retailers and as a result, it was subject to heavy duties.

Speaking during the company’s fifth anniversary awards ceremony yesterday in the food court of Sky Mall, Haggatt Hall, St Michael, he said: “We’ve been fighting to be recognised as a semi-processor and not a retail establishment. The majority of what we use is indigenous, and we add 65 per cent in value to what we take in; so it is time we be separated from the retail crowd.”

Afterwards, he told the DAILY NATION Burger King’s initial projections had it further than it was now. (CA)

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Water bills for March to include February charges

A few weeks ago, the Barbados Water Authority (BWA) informed customers in parts of Christ Church and St....

BWA making a connection at the Bridgetown Port

The Barbados Water Authority (BWA) informs businesses near The Shallow Draft at the Bridgetown Port that the BWA...

Beyoncé shares ‘Cowboy Carter’ tracklist

Yeehaw! Beyoncé’s new album is almost here. The singer revealed the tracklist for “Act 2: Cowboy Carter” on Instagram...

Four killed during stabbing spree in Illinois

Illinois, USA - Four people have been killed and at least five injured after a man armed with...