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| About Us: |
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Losses |
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Losses may be carried forward for 9 years to offset any business profits derived in an income year by both individuals and corporations. Domestic corporations having losses within a group of companies may surrender current trading losses to a profit-making member of the group. Trusts and Estates are also taxed at the same rates as individuals, but without the Bds$25, 000 annual tax-free allowance. No tax on capital gains is imposed in Barbados. |
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©
2008 Department of Inland Revenue, Treasury Building, Bridge Street,
Bridgetown, Barbados
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all
rights reserved.
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Self Assessment System |
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Tax Reform |
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Resident Persons |
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Reverse Tax
Credit |
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Rate of
Tax |
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Corporations |
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Losses |
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Administration |
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Notices
of Assessment |
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Appeals |
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Our Location
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