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 and have annual consolidated revenue of EUR 750 million or more are required to make monthly corporation tax prepayments where a company's ultimate parent company or intermediary parent company is located in a jurisdiction that has implemented top-up tax legislation,...