Abstract Twelve 2003

GLOBAL

DEVELOPMENT STUDIES

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Volume Three Winter 2002-Spring 2003 Numbers 1-2.

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Theme: THE TENTH ANNIVERSARY OF THE WEST INDIAN COMISSION REPORT: ASSESSING THE

PROGRESS OF CARICOM NATIONS IN IMPLEMENTING THE COMMISSION'S RECOMMENDATIONS

OPERATIONAL ASPECTS OF SUPPLY-SIDE TAX POLICY IN BARBADOS

Michael Howard Philmore Alleyne

Department of Economics Department of Management

University of the West Indies University of the West Indies

St. Michaels, Barbados St. Michaels, Barbados

Published online: February 10, 2017

ABSTRACT

This article is concerned with the operational aspects of tax policies in Barbados. It examines supply-side tax policy in Barbados and the operational constraints inherent in the tax system. It was discovered that even though efficient policies were implemented, the system experienced many operational problems. Our analysis also shows that the government needs to reduce the high compliance costs in the administration of the land tax and value-added tax (VAT).