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Barbados Consulting on Corporate Tax Reforms in Response to Pillar 2 Global Minimum Tax

29 December 2023

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Proposed Changes

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Barbados

The Barbados Ministry of Finance recently launched a public consultation on draft legislation implementing the corporate tax reform that was announced in November 2023 in response to the Pillar 2 global minimum tax. The deadline for comments is 5 January 2024. --- Public Consultation -Barbados Corporate Tax Reform 2024 The Government of Barbados is inviting all interested parties to provide written comments on the draft legislation implementing the 2024 Corporation Tax Reform and in particular on the aspects identified below: Draft Bill - Income Tax Act Amendment 2023 Draft Bill -Top Up Tax As announced by the Prime Minister and...