November 2, 2024

Caribbean Broadcasting Corporation

The most credible news source in Barbados

Dramatic increase in corporate tax for some companies

November 7, 2023

Major changes tonight to Barbados’ corporate tax rate for some companies.

In effect, some companies will be paying more taxes from next year.

The increase to nine percent was announced by Prime Minister Mia Amor Mottley, as she delivered a Ministerial Statement in Parliament today.

Sharika Griffith has the details.

About The Author

Share this!