Wednesday, November 20, 2013

Barbados to impose a 15% tax on lottery winnings

The Freundel Stuart administration in Barbados has announced that it will implement a 15 percent tax on lottery winnings over a certain amount, even as it acknowledged that “some changes” had been made to the measure announced in the national budget.

A statement from the island-nation's Ministry of Finance indicated that the new measure would come into effect now that the appropriate legislation has been approved.

It said that when the measure was first announced, “some industry

More details here...

No comments:

Post a Comment