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Barbados vs Nepal: tax rates compared

Between the two, Nepal's income tax rate (30%) tops Barbados's (28.5%) by 1.5pp. The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income28.5%30%Corporate9%25%VAT13%17.5%Capital Gains0%5%Wealth Tax0%
five shared taxes, side by side
Tax BB NPDifference
Income Tax28.5%30%NP +1.5 pp
Corporate Tax9%25%NP +16 pplargest gap
VAT17.5%13%BB +4.5 pp
Capital Gains Tax0%5%NP +5 pp
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
Nepal30%Source: Inland Revenue Department (Nepal) — Income Tax Act, 2058 (2002), as amended by Finance Act 2082, Schedule 1 (clause 1) · as of 2026-01-02
Difference−1.5 ppNepal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Nepal25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−16 ppNepal higher

Between the two, Nepal's corporate tax rate (25%) tops Barbados's (9%) by 16pp. The 201-country average is 22.6%: Barbados sits below it, Nepal 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
Nepal13%Source: Value Added Tax Act, 2052 (1995), as amended — Inland Revenue Department, Nepal · as of 2005-01-01
Difference+4.5 ppBarbados higher

Between the two, Barbados's VAT rate (17.5%) tops Nepal's (13%) by 4.5pp. The 181-country average is 15%: Barbados sits above it, Nepal sits below it. Barbados's figure is dated 2026-01-11 and Nepal's 2005-01-01, so the two rates come from different data vintages.

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
Nepal5%Source: Inland Revenue Department (Nepal) — Income Tax Act, 2058 (2002), as amended by Finance Act 2082, Section 95Ka(2)(a) · as of 2026-01-02
Difference−5 ppNepal higher

Between the two, Nepal's capital gains tax rate (5%) tops Barbados's (0%) by 5pp. The 175-country average is 10.3%: both sit below it.

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
Nepal0%Source: Inland Revenue Department, Nepal — official site (list of administered tax laws) · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.