Information and Communications Technology (ICT) is an umbrella term that includes any communication device or application, as well as the various services and applications associated with them and are usually spoken of in a particular context. It is generally thought …

Cloud Characteristics Cloud computing is the next big step in the evolution of computing; It is not just hype.  Although it sounds complex, the cloud environment has but five essential characteristics, four full deployment models, and three service models as …

I, and other agriculturalists, have for years preached the importance of producing as much of our food as possible , but it has mostly fallen on deaf ears. However, more recently, everyone seems to have woken up , and “food …

Barbados began developing a reputation as a luxury holiday destination with the inception of the Sandy Lane Estate in the 1960′s. This continued with the expansion in luxury residential development in the mid 1990′s. Recent research from HomeAway.co.uk survey and …

Recent announcements by Neal & Massy of the closure of the Almond Beach Village in St.Peter at the end of April 2012 is tragic for all the stakeholders but most especially the employees and their dependents. We must work to …

Reprinted from Tax Notes Int’l, April 9, 2012, p. 139 On March 8, 2012, the U.S. Senate passed an amendment to the highway bill, the America Fast Forward Financing Innovation Act (S. 1813), that would provide more mechanisms for the …

Evolving from the aftermath of September 11th were two related priorities of the U.S. Government that have given rise to increased international tax compliance rules and enforcement procedures for US taxpayers: (1) prevention and prosecution of the financing of terrorist …

The Golden Age For many years, Barbados was the tax treaty country where the foreign affiliates of Canadian corporations could generate exempt earnings while suffering the lowest domestic income tax rate through the use of International Business Companies (IBCs).  As …

Here’s a simple question for you hospitality buffs: What’s the fastest growing sector in the global travel industry? A clue: It’s a recently revamped phenomena that each year generates upwards of US$600 billion in profits. If you guessed Sports Tourism, …

In 2008, travel and tourism generated approximately US$5,890 billion of global economic activity. With the contribution of travel and tourism to Gross Domestic Product (GDP) expected to rise from 9.9% in 2008 to 10.5% by 2018, the next decade will …

Meetings, Incentives, Conventions, Events (MICE) niche is a fast growing section of the international tourism market with well established roots in North America and Europe. Statistics from International Congress and Convention Association (ICCA) indicate that Europe was a very popular …

Everyone is talking about it, it’s the latest buzz, it’s called ‘Medical Tourism’ and refers to tourists who combine a holiday with medical treatment. From the corridors of Government to the layman on the street everyone wants to know how …