Barbados (BB)

Jurisdiction Overview

IDQuestionAnswer
552 *Legal Person, Resident, Independent Party: Dividends Exemption.
 Data Date: 2019

Notes

 
There was a special tax regime for International Business Companies in Barbados that exempted such entities from corporate tax. The regime was abolished. However, the grandfathering rules enables companies that entered the regime earlier to continue benefitting from this regime until 30 June 2021 (OECD HTP 2019: 22-29). As a result, we conclude that the preferential regime is still available and relevant for the purposes of this indicator. We will consider the changes for the next publication of the FSI.

Sources

OECD HTTP 2019.