Barbados Revises Corporate Tax Regime and Abolishes IBCs and ISRLs

Barbados has committed to complying with the Organization of Economic Cooperation and Development’s (OECD) framework on Base Erosion and Profit Shifting (BEPS). In order to comply with Action 5 of BEPS, Barbados has announced a number of major changes to its corporate tax and international company regimes. These changes, announced in November 2018, will take effect on 1 January 2019.

Download our memo for a detailed briefing on the changes.