Bolivia vs Barbados
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇧🇴 Bolivia — Departmental & Municipal Taxes
Bolivia's 9 departments and 339 municipalities have their own tax powers. Municipalities levy the Impuesto a la Propiedad de Bienes Inmuebles (IPBI) on real property and the Impuesto Municipal a las Transferencias (IMT) on property transfers. Departmental governments receive shares of natural resource royalties. The National Tax Service (SIN) administers national taxes. Bolivia has a unique tax system where there is no personal income tax in the traditional sense — instead, the RC-IVA (complementary VAT) effectively taxes income.
🇧🇧 Barbados — Parish Councils & Land Tax
Barbados's 11 parishes have parish councils that levy land tax at 0.1%–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.
Bolivia vs Barbados: Key Tax Differences (2026)
💰 Income Tax: 🇧🇧 Barbados has a higher top income tax rate (13% vs 12.5–28.5%). 🇧🇴 Bolivia is more favourable for high earners.
🛒 VAT/Sales Tax: Barbados has a higher consumption tax (13% vs 17.5%).
🏢 Corporate Tax: 🇧🇧 Barbados offers a lower corporate rate (9% vs 25%), which can influence business location decisions.
📈 Capital Gains: 🇧🇧 Barbados taxes investment gains at a lower rate (0% vs 25%), benefiting investors.