The Withholding Tax Rate in Barbados stands at 0 percent. Withholding Tax Rate in Barbados averaged 0.00 percent from 2022 until 2025, reaching an all time high of 0.00 percent in 2023 and a record low of 0.00 percent in 2023. source: Ministry of Finance, Barbados



Related Last Previous Unit Reference
Corporate Tax Rate 5.50 5.50 percent Dec 2025
Personal Income Tax Rate 28.50 28.50 percent Dec 2025
Sales Tax Rate 17.50 17.50 percent Dec 2025
Social Security Rate 23.85 23.85 percent Dec 2025
Social Security Rate For Companies 12.75 12.75 percent Dec 2025
Social Security Rate For Employees 11.10 11.10 percent Dec 2025
Withholding Tax Rate 0.00 0.00 percent Dec 2025


Barbados Withholding Tax Rate
In Barbados, the withholding tax rate is a tax collected from companies. It applies to businesses when they make payments to other business entities or individuals, e.g., in the form of dividends, interest, and royalties. The benchmark we use refers to the standard withholding tax rate on interest for non-residents. Revenues from the withholding tax rate are an important source of income for the government of Barbados.
Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.00 0.00 0.00 2022 - 2025 percent Yearly
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