Prime Minister and Minister for Finance Gaston A. Browne delivered the 2023 Budget Statement for Antigua and Barbuda on 2 March 2023. Revenue and expenditure reforms are summarized in the statement as follows, including the suspension of non-statutory tax exemptions, an increase in the property tax rate on residential properties, and the broadening of the Antigua and Barbuda Sales Tax (ABST) base.
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Revenue and Expenditure Reforms
Mr. Speaker, in order to eliminate any possibility of w…