Barbados Withholding tax rates
Barbados Withholding tax rates: no single figure applies. The 4 withholding taxes held run from 0% to 5%, cited to PwC Worldwide Tax Summaries, in force since 1 Apr 2019. Last checked against the official source on 26 Aug 2026.
Official source: PwC Worldwide Tax Summaries · Last checked 2026-08-26 · source fingerprint
The withholding taxes Barbados applies to payments to non-residents under the Income Tax Act, Cap. 73 - now largely dismantled: 5% on dividends paid out of Barbados-source income (0% out of foreign-source income), and 0% on interest, royalties and management fees since the 2019 tax reform - each at its domestic statutory rate before any double-tax agreement relief. Administered by the Barbados Revenue Authority (BRA).
Compare withholding tax rates across all 22 Latin American countries →
| Current value | 0–5% across 4 withholding taxes — no single rate |
|---|---|
| In force from | 2019-04-01 |
| Official source | PwC Worldwide Tax Summaries - Barbados, Corporate: Withholding taxes (reviewed 2026): dividends 5% on distributions out of Barbados-source income (reduced from 15% effective 1 January 2019), 0% if paid out of income earned from sources outside Barbados; 'Effective 1 April 2019, interest paid to a non-resident is not subject to withholding tax in Barbados'; likewise royalties effective 1 April 2019; corroborated by Barbados Revenue Authority, Withholding Tax page |
| Last verified | 2026-08-26 |
| Verification | primary — No verification limitation recorded — read from the official source cited. Income Tax (Amendment) (No. 3) Act, 2018-54 (BRA official PDF, HTTP 200 on 2026-08-26), s. 12, amends Cap. 73 s. 65 by substituting '5 per cent' for '15 per cent' in subsection (4) (dividends to non-residents) with commencement 1 January 2019. The BRA Withholding Tax web page still states a general 15% and is treated as stale against that Act. Interest/royalty zero rates from 1 April 2019 remain as previously recorded; they are not restated in 2018-54. |
| Provenance | source fingerprint |
What this value means
THERE IS NO SINGLE WITHHOLDING TAX RATE, WHICH IS WHY value IS NULL. Barbados now withholds only on dividends (and only those paid out of Barbados-source income); interest, royalties and management fees to non-residents carry no withholding since the 2019 reform that converged Barbados's domestic and international regimes. A caller must name the payment type and read withholding_rates rather than expecting a headline figure. ALL RATES ARE DOMESTIC STATUTORY RATES, BEFORE TREATY RELIEF. Barbados's extensive treaty network can only matter where a domestic charge exists (in practice, dividends); applying a treaty is a legal determination rather than a lookup, so we do NOT serve treaty rates. ZERO-RATE ENTRIES ARE DELIBERATE: serving 0 with its citation records that the absence of withholding is the law, not a data gap. Interest on bonds, debentures or stock of the Government of Barbados beneficially owned by a non-resident was already exempt before 2019 (BRA). The series effective_from is 1 April 2019 (the interest/royalties abolition; the dividend reduction to 5% took effect 1 January 2019).
Get it programmatically
curl https://latamref.dev/v1/bb/withholding-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/bb/withholding-tax/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/bb/withholding-taxOther Barbados series: Central bank policy rate · VAT standard rate · VAT registration threshold · National minimum wage · Public holidays · Inflation (point-to-point, year-on-year) · Corporation tax rate · Statutory interest on judgment debts · Personal income tax rates · Statutory social-insurance contributions
The same figure elsewhere: Belize · Bolivia · Brazil · Chile · Colombia · all 22