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Barbados Monthly Corporation Tax Prepayment Requirements for Most Taxpayers from 2025

|Approved Changes|Barbados
Barbados

On 20 January 2025, the Barbados Revenue Authority (BRA) published FAQs on Monthly Prepayments. A policy note has also been published on the extension of the monthly corporation tax prepayment requirements to most taxpayers from 2025, with certain exceptions.

Key points include the following:

  • For the income year 2024, ONLY companies that are part of a Multinational Enterprise (MNE) group a…

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