BRIDGETOWN, Barbados, CMC – Barbados and Sweden have signed a protocol to amend the Convention for Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income. A statement from the Ministry of International Business and International Transport said the accord went into effect last month after being signed on November 3, last year. It said the protocol to the Double Taxation Agreement (DTA) represented Barbados’ “firm strides to expand its treaty network, and also signalled the country’s willingness to foster closer ties with Sweden and Northern Europe”.
