Tag Archives: Arrested In Barbados

Canadian Court upholds Revenue Canada – disallows “Barbados Structure”, penalizes Canadian company’s use of offshore Barbados subsidiary.

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 Marzen Artistic Aluminum Ltd. v. The Queen (2014 TCC 194)

I’m don’t know much about this kind of thing, but it doesn’t sound good for Barbados. According to our Google Alerts, the tax sector is abuzz with this latest Canadian ruling that runs 80 pages. (download the ruling here – PDF)

Comments from the cheap seats?

In a lengthy set of reasons, the Tax Court upheld all but a fraction of the CRA’s reassessment of the taxpayer, such reassessments having disallowed the deduction of approximately $7.1M of fees paid by the Canadian taxpayer to its Barbados subsidiary. The Court also upheld the imposition of a penalty under subsection 247(3) of the Act…

… from Dentons Tax Litigation blog: Marzen: Artistic Barbados tax plan defeated

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Filed under Barbados, Canada, Offshore Investments

National Geographic’s Locked Up Abroad: In Barbados

Locked Up Barbados 3

Barbados Segment Airs Wednesday, July 22, 2009 at 10pm

Prison is no picnic anywhere, but in comparison with some of countries appearing in previous Locked Up Abroad episodes… How bad can prison in Barbados be?

We’ll find out next Wednesday!

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Filed under Barbados, Crime & Law, Police