BB · AmericasLU · Europe

Barbados vs Luxembourg: tax rates compared

Between the two, Luxembourg's income tax rate (45.8%) tops Barbados's (28.5%) by 17.3pp. The 200-country average is 28%: both sit above it. Barbados's figure is dated 2026-01-11 and Luxembourg's 2025-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income28.5%45.8%Corporate9%23.9%VAT17%17.5%Capital Gains0%Crypto0%Wealth Tax0%
six shared taxes, side by side
Tax BB LUDifference
Income Tax28.5%45.8%LU +17.3 pplargest gap
Corporate Tax9%23.9%LU +14.9 pp
VAT17.5%17%BB +0.5 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Barbados28.5%Source: PWC Worldwide Tax Summaries — Barbados (Individual, Taxes on personal income) · as of 2026-01-11
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−17.3 ppLuxembourg higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−14.9 ppLuxembourg higher

Between the two, Luxembourg's corporate tax rate (23.9%) tops Barbados's (9%) by 14.9pp. The 201-country average is 22.6%: Barbados sits below it, Luxembourg sits above it.

VAT

VAT, side by side
CountryRateSource
Barbados17.5%Source: PWC Worldwide Tax Summaries — Barbados (Corporate, Other taxes) · as of 2026-01-11
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Difference+0.5 ppBarbados higher

Between the two, Barbados's VAT rate (17.5%) tops Luxembourg's (17%) by 0.5pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Barbados0%Source: PWC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
Difference0 ppdisplayed rates match

There's no gap here — Barbados and Luxembourg both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

There's no gap here — Barbados and Luxembourg both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. Barbados's figure is dated 2026-01-11 and Luxembourg's 2018-07-26, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Barbados0%Source: PWC Worldwide Tax Summaries — Barbados (Net wealth/worth tax rates) · as of 2026-01-11
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

There's no gap here — Barbados and Luxembourg both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.