Saturday, Dec 15, 2018

BES says lower taxes will not lower prices

BES says lower taxes will not lower prices
22 Nov
2018

President of the Barbados Economics Society Shane Lowe, sees potential investment and employment opportunities for local businesses, coming out of the recent announcement of a lower corporate tax regime that will include local businesses.

Mr. Lowe says notwithstanding the additional employment opportunities that could flow from the tax changes, there is unlikely to be any material change in consumer prices in the near term, except in those markets that are most competitive.