'Bilateral double tax treaties allow legal avoidance of taxes'

A regional economist suggests that bilateral double tax treaties are at the heart of the tax loss problem in Caribbean countries. Marla Dukharan says the more than 100-year-old, 3000-strong bilateral double tax treaty network allows for the legal avoidance of taxes by foreign companies in developing countries. Ms. Dukharan was delivering the 4th Owen S. Arthur Memorial Lecture at the Walcott Warner Theatre of the University of the West Indies Cave Hill Campus. Furthermore, Ms. Dukharan says there will be no tax justice if all the so called tax havens are eliminated globally, unless the unfair double tax treaties that exist between EU and OECD member states, and specifically the global south are renegotiated. She says OECD members are responsible for 78%, or $378 billion US dollars in global tax losses annually according to the tax justice network. Subscribe to CBC News: cbcbarbados Connect with the CBC News Barbados Website: https://www.cbc.bb/ Facebook: https://www.facebook.com/CBCNews.bb/ Instagram: https://www.instagram.com/cbcnewsbarb... Twitter: https://twitter.com/CBCBARBADOS #CBCTV8 #CBCNewsNight #ThisIsWhoWeAre