GAAR - Trinidad & Tobago - Iatj.net
GAAR - Trinidad & Tobago - Iatj.net
GAAR - Trinidad & Tobago - Iatj.net
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Caribbean regional integration and<br />
tax avoidance<br />
• It is well recognised that a central impetus for foreign<br />
direct investment is a stable legal system and an<br />
independent and knowledgeable cadre of judges.<br />
• The regional integration movement in the Commonwealth<br />
Caribbean has sought to promote double taxation treaties<br />
as a means of fostering FDI though double taxation has<br />
sometimes been criticised for stunting economic growth<br />
and encouraging too many tax concessions.<br />
• Double taxation can be seen in this context as a species of<br />
anti‐avoidance and has proven to be a major issue for<br />
many Caribbean nations several of which have double<br />
taxation treaties with some of the more developed<br />
economies but interestingly far fewer such treaties exist<br />
between Caribbean countries<br />
3rd IATJ Assembly Munich 18‐19 October 2012 24