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:

I. Draft Bill – Income Tax Act Amendment 2023

II. Draft Bill -Top Up Tax

As announced by the Prime Minister and Minister of Finance, the Honourable Mia Amor Mottley M.P. S.C. to the House of Assembly on November 7, 2023, the Government of Barbados is undertaking Corporate Tax Reform. The Reform aims to modernise the Corporate Income Tax and to align the Corporate Tax Framework with the OECD Inclusive Framework GloBE Rules.

For further details, please visit the Government of Barbados website at or

Comments should be provided on or before January 5, 2024 via email to

Source: Barbados Revenue Authority