Barbados Revises Corporate Tax Regime and Abolishes IBCs and ISRLs - December 2018
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.