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Barbados vs Belarus
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ง๐Ÿ‡ง Barbados
vs
๐Ÿ‡ง๐Ÿ‡พ Belarus
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
12.5โ€“28.5%
28.5% top; competitive Caribbean jurisdiction
No change
13%
Flat 13%; EU sanctions continuing to impact
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
17.5%
17.5% stable
No change
20%
20% standard
No change
Corporate Tax Rate
Corporate Tax Rate
5.5โ€“9%
Tiered rate; Pillar Two compliance for large groups
No change
20%
20%; IT park incentives continued
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT โ€” sustained advantage
No change
13%
13% as income
No change
Social Security & Payroll
Social Security / Payroll
~18.1%
NIS contributions; pension reform needed
No change
~40%
FSZN; comprehensive state social system
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡ง Barbados โ€” Parish Councils & Land Tax

Barbados's 11 parishes have parish councils that levy land tax at 0.1%โ€“0.7% of site value. Barbados has long been a significant international business and financial centre, particularly for Canadian companies. Major tax reform in 2019 aligned Barbados with OECD BEPS standards. A tiered corporate tax rate structure was introduced. Barbados was removed from the EU tax haven blacklist following these reforms and maintains competitiveness as an IFC.

๐Ÿ‡ง๐Ÿ‡พ Belarus โ€” Regional & Local Taxes

Belarus's 6 oblasts and Minsk city have limited independent taxing powers. Local councils set rates for land tax and real estate tax within national parameters. The Ministry of Taxes and Duties administers all national taxes. Belarus operates a largely state-directed economy with close ties to Russia. Under Alexander Lukashenko's government, the tax system has remained relatively simple โ€” flat income tax and corporate rates. Significant economic pressure from Western sanctions following 2020 election crisis.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Barbados vs Belarus: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ง๐Ÿ‡ง Barbados has a higher top income tax rate (12.5โ€“28.5% vs 13%). ๐Ÿ‡ง๐Ÿ‡พ Belarus is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Belarus has a higher consumption tax (17.5% vs 20%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ง Barbados offers a lower corporate rate (9% vs 20%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡ง Barbados taxes investment gains at a lower rate (0% vs 13%), benefiting investors.

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