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Barbados Advocate Established October 1895 Reifer: The people need Moore PAGE 4 Wednesday June 23, 2021 $1 VAT Inclusive Barbadians told to take weather advisories seriously DIRECTOR of the Department and the Barbados Meteoro- given by the BMS, Hinds is persons to be on the alert for the times to reduce the vulnerability of Emergency Management logical Services (BMS) continue also asking that we take the system currently on approach, to hydro-meteorological events. (DEM) Kerry Hinds is pleading to monitor a strong tropical necessary precautions. Hinds referenced last Thurs- By now, persons should have with citizens and residents of wave approaching the island. In a release from the day’s freak storm, stating,“That started their preparations for Barbados to leave nothing to Calling on all to pay attention Government Information event underscored the impor- the hurricane season, which chance, as officials of her agency to the advisories and updates Service yesterday, cautioning tance of being prepared at all WEATHER on Page 2 TOUGH FIGHT AHEAD THE global minimum corporate made that the minimum rate tax rate of 15 per cent being pro- should be 15 per cent. posed by the G7 countries did While noting that he does not not take Barbadian authorities have the details of the proposal, by surprise, and a Government but anticipates countries should minister says efforts have been have a better idea by the end of on to determine how best to fight July, Toppin said it seems that it. companies in those countries Minister of International which decide not to impose the Business and Industry, Ronald 15 per cent and instead stick to Toppin, spoke to the proposal their original tax rate, will have yesterday as he piloted an to make up the difference in their amendment to the Companies country of citizenship. (Economic Substance) Bill in the “So it’s going to pay a 15 per House of Assembly. cent in any case,” he lamented. “We have known about this for He made the point while stat- some time and this has been en- ing that should it be imple- gaging the attention of the top mented, countries are again economic, financial and tax going to have to pursue the brains of this country and also arduous task of differentiating those stationed overseas as well, themselves from other jurisdic- who are all playing a part in look- tions. His comments came as he ing at this issue to mount as said that one argument that best a response as we can. It Barbados has already started to hasn’t taken us by surprise. But use to push back on the tax pro- this is one of those instances posal, is that the country did where might tends to be right enact economic substance legis- unfortunately, and where small lation and should be given credit states end up being tossed for that. around. Because in this proposal, you have one of the greatest con- United front needed tradictions that there could ever With that in mind, he said be, cause when these countries, there is need for unity among countries such as Barbados be- Caribbean countries on this mat- came low tax jurisdictions, the ter, contending that Barbados very thing that they said is that cannot fight back on the issue is okay – you can be a low tax alone. jurisdiction, but to maintain that “There will have to be the status and we will leave you mounting of some serious aware- alone if you enact economic sub- ness among states in similar stance legislation,” he said. positions, so that we can all Minister Toppin indicated that speak in a unified voice on despite having “jumped that this. Minister of International Business and Industry, Ronald Toppin, before he piloted an amendment hurdle”, a decision has now been FIGHT on Page 3 to the Companies (Economic Substance) Bill in the House of Assembly yesterday. 2 • Wednesday June 23, 2021 The Barbados Advocate Get storm ready, DEM official says WEATHER from hanging trees, she urged agery. However, moisture Page 1 persons to ensure they and instability well ahead include stocking up on have adequate insurance of the axis are expected canned items and bottled and to look out for vulner- to generate occasional water,having a first-aid kit able persons in the com- showers and possible and a go-bag in case they munity. thunderstorms into today. need to leave their home At 6 p.m. yesterday, the in an emergency,” she said. area of disorganised show- Satellite imagery from the Going on to list other ers and thunderstorms as- Barbados Meteorological precautions such as secur- sociated with the tropical Services showing two ing important documents, wave in question had tropical waves of interest reinforcing windows and weakened based on the approaching Barbados. doors and trimming over- data from the satellite im- Minister: Time to push back BARBADOS and the rest of the Caribbean region must push back against the interna- tional business sector’s shifting goal posts. Minister of Energy, Small Business and Entrepreneurship Kerrie Symmonds made this point yesterday, as he joined with International Business Minister Ronald Toppin in insisting that smaller states are being forced by powerful na- tions and international organisations to meet Minister of Energy, ever changing bench- Small Business and marks. Entrepreneurship Kerrie “There has to be a point Symmonds. at which we as a region push, not necessarily international community, push back, but push the former Minister of against these things that Foreign Affairs and attor- seek to undermine every- ney at law stated while thing that we are stand- the region is trying to co- ing for,” Symmonds stated exist, it must be treated during yesterday’s Parlia- as equal global citizens. mentary session. “I agree with the leader Speaking during the de- of the opposition that the bate on the Companies conversation that the (Economic Substance) country must have, must (Amendment) Bill 2021, be at a regional level. It he commented on the ad- must be a conversation justments small island where we say to the North developing states have Atlantic in particular,that had to make due to being ‘you are now putting your- blacklisted on several oc- self in a situation where casions, and in now facing you're about to go a yard the proposed plan of the too far, and that you are introduction of a 15 per dealing with people who cent global tax. are equals as global citi- “We are in the stage zens… Yes, we will com- where there's a very real ply, because we don't want danger of having the com- any unseemly noise, but petitive advantage of the what will it be next time? region, and in this partic- How many times have ular case, of Barbados you Mr. Speaker, sir, sat eroded. We are building in that chair, and heard beyond just a tax rate,” he that question be asked, stated. What will the European Noting that his admin- Union ask of us next istration has done all that time? We step in line, be- was necessary to change cause you ask us to step in the 40-year-old tax struc- line. But enough never ture existing in the coun- seems to be enough,” try, due to edicts from the Symmonds added. The Barbados Advocate Wednesday June 23, 2021 • 3 Need for emergency housing AFTER last Thursday’s freak place to deal with emergency at the time moving the pass- storm destroyed close to 20 housing. So this is something ing of a resolution to approve homes, Minister of Housing, that will be certainly engaging the vesting in the National Lands and Maintenance, Dr. the ministry to see how best Housing Corporation (NHC) a William Duguid has ques- we can provide emergency parcel of land at Coombs tioned their readiness to pro- housing in Barbados,” he House, Whitepark Road, St. vide emergency housing in the stressed. Michael for the public purpose occurrence of an even greater “We recognise that our hous- of housing development. weather event. ing stock is not at the best. Preliminary work is already Dr. Duguid told the Lower Indeed, many of the houses and under way at the site which House yesterday that the the standard of the houses is government’s next rental “short acting, very compact have deteriorated significantly. housing solution consisting of storm” damaged 97 houses And we have to assess what 20 units, projected to be com- in Barbados. He reported can we do to make them more pleted by year-end. that of the 52 assessed so hurricane resilient; what can “I also want to advise that far, 18 will need to be com- we do in the short term, this location that we called pletely rebuilt; 23 major medium term, and the long Coombs House for many, repairs; seven minor repairs; term to be able to make our many years will be renamed. and four require materials houses more hurricane re- The former General Manager only. silient, better suited to the of the National Housing “So it makes us think how environment that we find our- Corporation, Mr. Garvey well are we prepared for when selves in, and more affordable Alleyne, was an asset to the we have a bigger storm. How for the average person. All of corporation for a long time and well are we prepared with these things we’re looking at we intend to offer, when we are emergency housing when we within the Ministry of Housing, completed, this development to have a category two, or cate- and this is something that we change the name to ‘Alleyne gory three come to our shores, intend to resolve as quickly as Court’, in recognition of his and what policies and what possible.” service to the country and to programmes do we have in The Minister of Housing was NHC.” Minister of Housing, Lands and Maintenance, Dr.
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