WorldTax Compareโ† All Comparisons

Bhutan vs Barbados
Tax Rate Comparison

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

๐Ÿ‡ง๐Ÿ‡น Bhutan
vs
๐Ÿ‡ง๐Ÿ‡ง Barbados
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
0โ€“25%
25% top; crypto mining revenues adding to national income
No change
12.5โ€“28.5%
28.5% top; competitive Caribbean jurisdiction
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0%
No VAT; GST consideration ongoing
No change
17.5%
17.5% stable
No change
Corporate Tax Rate
Corporate Tax Rate
30%
30% CIT; digital economy and hydropower growing
No change
5.5โ€“9%
Tiered rate; Pillar Two compliance for large groups
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
0%
No CGT โ€” sustained advantage
No change
Social Security & Payroll
Social Security / Payroll
~10%
NPPF; pension adequacy improving
No change
~18.1%
NIS contributions; pension reform needed
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡น Bhutan โ€” Dzongkhag & Thromde Taxes

Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.

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.

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.

Bhutan vs Barbados: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ง๐Ÿ‡ง Barbados has a higher top income tax rate (0โ€“25% vs 12.5โ€“28.5%). ๐Ÿ‡ง๐Ÿ‡น Bhutan is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Barbados has a higher consumption tax (0% vs 17.5%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ง Barbados offers a lower corporate rate (9% vs 30%), which can influence business location decisions.

Related Comparisons

๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ฆ๐Ÿ‡ฉ AndorraTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ฒ๐Ÿ‡จ MonacoTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ฑ๐Ÿ‡ฎ LiechtensteinTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ธ๐Ÿ‡ฒ San MarinoTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡น๐Ÿ‡น Trinidad and TobagoTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ง๐Ÿ‡ธ BahamasTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ง๐Ÿ‡ฟ BelizeTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ณ๐Ÿ‡ฎ NicaraguaTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ฌ๐Ÿ‡พ GuyanaTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ธ๐Ÿ‡ท SurinameTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ซ๐Ÿ‡ฏ FijiTax comparison๐Ÿ‡ง๐Ÿ‡น Bhutan vs ๐Ÿ‡ณ๐Ÿ‡ฆ NamibiaTax comparison