Business
on December 6, 2021
BRA working with Canada Revenue Agency to improve tax administration
Barbados Revenue Authority (BRA) has started a programme aimed at improving tax administration and compliance.
BRA said this involves a collaboration with the Canada Revenue Agency and this is part of the “policy decisions to engage with mature tax administrations to support capacity development efforts”.
This technical assistance is being undertaken, along with internal training, involving the taxing statutes administered by the BRA.
A media release said the revenue authorities have completed a “knowledge-sharing event on the exchange of information and the role this tool plays in tackling tax avoidance while learning events on small and medium-sized enterprises and international and large business compliance are ongoing”. (PR)