BCCI Lays Out Its Roadmap For 2025 |
Wed, March 5, 2025 |
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The Belize Chamber of Commerce held an open roundtable discussion with the media today on the release of the their business policy roadmap for 2025. It serves as a comprehensive guide to address issues currently affecting the economy. This included tax reform, business development and tackling corruption. Their president Katherine Meighan gave us more details.
Katherine Meighan, President, Belize Chamber of Commerce
"So just to give a bit of a background tax reform is critical for us and why? Because we really feel taxes in its entity and its definition is a significant part of either the success or the challenges of business development and economic development. For as we are discussing it business policy road map today meaning what we want to talk about is that there is a clear, less complex and there is a predictable form of tax. We understand the significance of taxes within the business community we have to give back because we are part of that cycle right? As we talked about today how does a road get developed and what does that mean when a road gets developed in terms of infrastructure it gets people to work, the business community understands that but what we want to make sure is that it's transparent that it is clear and that it is simplistic and it's not a form of double taxation as well and that gave we want to be able to ensure that there is accountability for the receive as well and there is accountability for the give as well."
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