Barbados has established a local branch of the International
Fiscal Association (IFA). The latter, established in 1938 with its
headquarters in the Netherlands, is the only 'non-governmental
and non-sectoral international organisation dealing with fiscal
matters'. There are approximately 12,500 IFA members, but only
69 countries with established branches, including Barbados.
The main objectives of the IFA are the study and advancement of
international and comparative law and the financial and economic
aspects of taxation. The main benefits to the formation of a local
chapter include: establishment of a profile of Barbados in the
global international tax community, availability of major
networking opportunities for members, access to material and IFA
events and introduction and networking opportunities with global
and international policy makers. Through this affiliation the
country's marketing activities will be enhanced by establishing
working relationships with IFA