Barbados offers, like all tax havens, a zero or insignificant tax rate, bank secrecy, confidentiality and lack of investment in the local economy. Who benefits from paradise? Canadian business people who flee the tax completely legally and play with the tax rules in order to bring the most profits back into their pockets.
The most famous case is that of Prime Minister Paul Martin and CSL International. Since registering its companies in Barbados in 1995, this paradise has become the number one tax destination for Canadian business people who are putting their billions behind tax.
The tax expert Brigitte Alepin is interested in the Martin family. She just published These rich who do not pay taxes, a hard-hitting work on the abuse of the tax system by the most fortunate …
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