Strengthening the Digitalization of Tax Administration in Barbados

implementation

The objective of this Technical Cooperation (TC) is to support the Barbados Revenue Authority (BRA) in strengthening its institutional capacity to effectively implement efficient tax measures in the digital economy. This TC is designed to assist tax authorities in: (i) identifying any existing challenges in digital tax administration in Barbados and laying the groundwork for necessary modernization through the identification of national and/or international best practices; (ii) analyzing and evaluating institutional capacity and governance in Tax Administration in Barbados; and (iii) disseminating knowledge and providing training to facilitate capacity building in the BRA. By achieving these objectives, the TC will contribute to enhanced institutional governance, expansion of the technological capabilities of the BRA, identification of fiscal policy solutions to address tax issues in the Barbados economy and improve revenue collection effectiveness, and improved responsiveness in risk management.