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Barbados vs Tanzania: tax rates compared

Tanzania's income tax rate is 1.5pp higher than Barbados's (30% vs 28.5%). The 200-country average is 28%: both sit above it.

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%30%Corporate9%30%VAT17.5%18%Capital Gains0%Crypto0%3%Wealth Tax0%
six shared taxes, side by side
Tax BB TZDifference
Income Tax28.5%30%TZ +1.5 pp
Corporate Tax9%30%TZ +21 pplargest gap
VAT17.5%18%TZ +0.5 pp
Capital Gains Tax0%0%match
Crypto Tax0%3%TZ +3 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
Tanzania30%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Taxes on personal income) · as of 2026-01-14
Difference−1.5 ppTanzania higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Barbados9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Tanzania30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−21 ppTanzania higher

Tanzania's corporate tax rate is 21pp higher than Barbados's (30% vs 9%). The 201-country average is 22.6%: Barbados sits below it, Tanzania 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
Tanzania18%Source: PWC Worldwide Tax Summaries — Tanzania (Corporate, Other taxes) · as of 2026-01-14
Difference−0.5 ppTanzania higher

Tanzania's VAT rate is 0.5pp higher than Barbados's (18% vs 17.5%). 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
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Income determination) · as of 2026-01-14
Difference0 ppdisplayed rates match

Barbados's capital gains tax rate is identical to Tanzania's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Barbados0%Source: PwC Worldwide Tax Summaries — Barbados (Individual, Income determination) · as of 2026-01-11
Tanzania3%Source: EY — Tanzanian Finance Act 2024 makes changes affecting businesses and individuals · as of 2024-07-01
Difference−3 ppTanzania higher

Tanzania's crypto tax rate is 3pp higher than Barbados's (3% vs 0%). The 88-country average is 13%: both sit below it. Barbados's figure is dated 2026-01-11 and Tanzania's 2024-07-01, 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
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

Barbados's wealth tax rate is identical to Tanzania's — both sit at 0%. The 193-country average is 0.1%: both sit below it.