Wave of Legislative Activity Advances Barbados’ Business Environment

St. James, Barbados—When Barbados’ new Financial Services Commission (FSC) begins operation April 2, it will mark the latest in a wave of legislative, regulatory and diplomatic activity that promises to push the island further to the forefront of the international business community. Recently, Barbados also amended its Income Tax Act to allow a unilateral exchange of information to countries either negotiating or possessing reciprocal treaties.