Barbados or Switzerland: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Barbados, ahead by 1.8 FiScore point.

Tax Barbados Switzerland Gap
Corporate income tax headline rate 9% 11.66% to 20.54% −11.5 points
Personal income tax top bracket 12.5% to 28.5% 0% to 51% −22.5 points
VAT standard rate 17.5% 7.7% +9.8 points

Detailed schedules

Corporate income tax

Barbados

General regime since 2024 9%
Multinational groups revenue over 750 M€ 15%

Switzerland

Lucerne combined federal, cantonal and communal effective rate 11.66%
Zug 11.71%
Geneva 14.7%
Zurich 19.47%
Bern 20.54%
Multinational groups revenue above €750M, since 2024 15%
See the Barbados page See the Switzerland page