Barbados has joined the two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate, bringing to 133 the total number of jurisdictions participating in the agreement.
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Excerpts from Remarks as Prepared for Delivery by OECD Secretary-General Mathias Cormann to Meeting of OECD Council
“The OECD is a force for good in the world. All of us have a collective responsibility to use it to its full potential.”
“Our core purpose, under our Convention, is to preserve individual liberty and to increase the economic and social well-being of our people.”
“Our essential mission of the past – to promote stronger, cleaner, fairer economic growth and to raise employment and living standards – remains the critically important mission for the future.”
“We need to continue to overcome the immediate health challenge, including by pursuing an all-out effort to reach the entire world population with vaccines. This is not just an act of benevolence from advanced economies. It is about sustained protection virus for all of us and about giving ourselves the best chance of a sustained recovery.”