The Barbados Revenue Authority recently released Policy Note 05/2025 on the eligibility criteria for the 5.5% corporation tax rate and prepayment obligations. As previously reported, Barbados introduced a new corporation tax rate of 9% from 1 January 2024, with a reduced rate of 5.5% for certain qualifying companies. The key points of the policy note are as follows: --- Eligibility Criteria Effective January 1, 2024, a company may qualify for a 5.5% tax rate on its taxable income (i.e. income earned after January 1, 2024) if it meets the following conditions: The company has gross income of $2,000,000 or less;...