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Barbados vs Bhutan: tax rates compared
Bhutan has an income tax rate of 30%, 1.5pp above Barbados's 28.5%. The 200-country average is 28%: both sit above it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BB | BT | Difference |
|---|---|---|---|
| Income Tax | 28.5% | 30% | BT +1.5 pp |
| Corporate Tax | 9% | 25% | BT +16 pplargest gap |
| VAT | 17.5% | 5% | BB +12.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 28.5% | Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11 |
| Bhutan | 30% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20 |
| Difference | −1.5 pp | Bhutan higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 9% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Bhutan | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −16 pp | Bhutan higher |
Bhutan has a corporate tax rate of 25%, 16pp above Barbados's 9%. The 201-country average is 22.6%: Barbados sits below it, Bhutan sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Barbados | 17.5% | Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11 |
| Bhutan | 5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01 |
| Difference | +12.5 pp | Barbados higher |
Barbados has a VAT rate of 17.5%, 12.5pp above Bhutan's 5%. The 181-country average is 15%: Barbados sits above it, Bhutan sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Barbados | 0% | Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11 |
| Bhutan | 0% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Barbados and Bhutan share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.