Barbados vs Cameroon
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐ง๐ง Barbados โ Parish Councils & Land Tax
Barbados's 11 parishes have parish councils that levy land tax at 0.1%โ0.7% 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.
๐จ๐ฒ Cameroon โ Regional & Council Taxes
Cameroon's 10 regions and 360 councils levy local taxes including the patente (business licence), property tax (centimes additionnels on land), and council rates. The Directorate General of Taxes (DGI) administers national taxes. Cameroon is part of the CEMAC (Central African Economic and Monetary Community) customs union and shares the CFA franc with 5 other nations. The oil sector provides significant government revenue, though reserves are declining. An e-tax platform has been progressively expanding compliance.
Barbados vs Cameroon: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ฒ Cameroon has a higher top income tax rate (12.5โ28.5% vs 10โ35%). ๐ง๐ง Barbados is more favourable for high earners.
๐ VAT/Sales Tax: Cameroon has a higher consumption tax (17.5% vs 19.25%).
๐ข Corporate Tax: ๐ง๐ง Barbados offers a lower corporate rate (9% vs 33%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ง Barbados taxes investment gains at a lower rate (0% vs 16.5%), benefiting investors.