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Senegal vs Barbados
Tax Rate Comparison

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

🇸🇳 Senegal
vs
🇧🇧 Barbados
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–40%
Oil revenues changing budget dynamics; rate reform possible
No change
12.5–28.5%
28.5% top; competitive Caribbean jurisdiction
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
18%
18% TVA maintained
No change
17.5%
17.5% stable
No change

Corporate Tax Rate

Corporate Tax Rate
30%
30%; Pillar Two for large MNCs in oil sector
No change
5.5–9%
Tiered rate; Pillar Two compliance for large groups
No change

Capital Gains Tax

Capital Gains Tax
25%
25% as income
No change
0%
No CGT — sustained advantage
No change

Social Security & Payroll

Social Security / Payroll
~24%
IPRES reform; expanding private sector coverage
No change
~18.1%
NIS contributions; pension reform needed
No change
State, Regional & Local Taxes

🇸🇳 SenegalRegional & Communal Taxes

Senegal's 14 regions and 557 communes levy the Contribution Foncière des Propriétés Bâties (CFPB — built property tax), contribution of licences (business tax), and local service fees. The Direction Générale des Impôts et Domaines (DGID) administers national taxes. Dakar is the dominant economic hub. Senegal recently became an oil and gas producer (Sangomar field 2024), which is transforming its fiscal landscape. The WAEMU (West African Economic and Monetary Union) coordinates some tax policy across 8 member states.

🇧🇧 BarbadosParish 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.

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

Senegal vs Barbados: Key Tax Differences (2026)

💰 Income Tax: 🇸🇳 Senegal has a higher top income tax rate (0–40% vs 12.5–28.5%). 🇧🇧 Barbados is more favourable for high earners.

🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (18% vs 17.5%).

🏢 Corporate Tax: 🇧🇧 Barbados offers a lower corporate rate (9% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇧🇧 Barbados taxes investment gains at a lower rate (0% vs 25%), benefiting investors.

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All 🇸🇳 Senegal comparisons →All 🇧🇧 Barbados comparisons →