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It also provides other functions such as revenue and cashiering for the Barbados Licensing Authority and the Customs Department respectively. It was established on April 1, 2014, by the Barbados Revenue Authority Act, 2014-1 [ 2 ] as a merger between Inland Revenue and Land Tax Departments and the Value Added Tax (VAT) & Excise Divisions of the ...
The level of customs duties is a direct indicator of the openness of an economy to world trade. However, there may also be import barriers that are not based on the levy of duties. The following table shows the tariff rate, in percentages, according to United Nations Conference on Trade and Development (UNCTAD) , [ 1 ] World Trade Organization ...
The government has been chosen by elections since 1961 elections, when Barbados achieved full self-governance.Before then, the government was a Crown colony consisting of either colonial administration solely (such as the Executive Council), or a mixture of colonial rule and a partially elected assembly, such as the Legislative Council.
Simplification of the government structure of Barbados. The Cabinet are individuals of Barbados which execute the duties of the Government of Barbados.Under a Parliamentary republic, these powers are vested nominally by the President of Barbados, but are exercised in practice by a Cabinet of Ministers, presided over by the Prime Minister of Barbados.
Barbados has one of the world’s oldest postal services. In 1663, during the reign of Charles II, England’s imperial Post Office established a packet agency on the island. Barbados was the second territory in the British West Indies to establish an inland post service by an Act of Parliament.
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A simple arithmetic calculator was first included with Windows 1.0. [5]In Windows 3.0, a scientific mode was added, which included exponents and roots, logarithms, factorial-based functions, trigonometry (supports radian, degree and gradians angles), base conversions (2, 8, 10, 16), logic operations, statistical functions such as single variable statistics and linear regression.
The Barbados government encourages the development in: financial services, informatics, e-commerce, tourism, educational and health services, and cultural services for the future. In 2000 based on Barbados' level of growth – (at the time) Barbados was supposed to become the world's smallest developed country by 2008.