AI-Assisted Content: Summaries are AI-generated for general reference. Always verify with the official tax authority.
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Americas

Barbados

Barbados applies progressive personal income tax. Corporate tax was reformed with a sliding scale based on profits.

Personal income tax

12.5–28.5%
Top marginal rate / range

Corporate tax

5.5–9% (sliding)
Standard rate

VAT / Sales tax

17.5% (VAT)
Standard indirect tax

At a glance

  • Tax yearCalendar year
  • Filing deadlineApril 30
  • CITSliding scale by profit
Official Tax Authority Barbados Revenue Authority
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This is a brief, AI-assisted summary intended for general reference only. Tax laws change frequently and vary by individual circumstance. Always verify current rates, rules, and obligations with Barbados's official tax authority (linked above) or a qualified tax professional before making any decision.