Press Releases

Tax on Credit Union Assets

The Barbados Co-operative & Credit Union League Limited, the apex body for the credit union movement in Barbados is very concerned about the trend of the policy measures implemented by Government since fiscal year 2010/2011.  This comes after the news of Government’s stated intention to place a tax on the assets of all financial institutions, including credit unions. What is unfortunate is that there has been absolutely no consultation with the credit union sector in Barbados regarding such a retrograde policy measure.

 

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Barbados Co-operative & Credit Union League Ltd.
1st Floor, Co-operators General Insurance Building
Upper Collymore Rock, St. Michael, Barbados

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