Barbados' Minister of International Business and Industry has set up a taskforce to examine the impact of Pillar Two of the OECD's planned reform of the international business tax system on the island, in particular the proposed 15 per cent global minimum corporate tax. Barbados' rate is currently set at a maximum of 5.5 per cent of profits for all companies and it has not formally joined the group of 130 countries that have committed to the plan ...