Barbados vs Czech Republic
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
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.
๐จ๐ฟ Czech Republic โ Municipal Property & Road Taxes
The Czech Republic's 14 regions (kraje) and 6,254 municipalities do not levy independent income taxes โ this is nationally set. Municipalities may apply a local coefficient (1โ5x) to property tax (daล z nemovitรฝch vฤcรญ), significantly multiplying the base tax in cities like Prague. Prague applies a coefficient of 4x. Road tax (silniฤnรญ daล) applies to business vehicles. The flat tax regime (pauลกรกlnรญ daล) simplifies obligations for small self-employed.
Barbados vs Czech Republic: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ง Barbados has a higher top income tax rate (12.5โ28.5% vs 15โ23%). ๐จ๐ฟ Czech Republic is more favourable for high earners.
๐ VAT/Sales Tax: Czech Republic has a higher consumption tax (17.5% vs 12โ21%).
๐ข Corporate Tax: ๐ง๐ง Barbados offers a lower corporate rate (9% vs 21%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ง Barbados taxes investment gains at a lower rate (0% vs 23%), benefiting investors.