On 4 July June 2016, Barbados deposited the ratification instrument for the OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters as amended by the 2010 protocol. Barbados signed the convention as amended on 28 October 2015.

According to the OECD overview of signatories to the convention, the convention will enter into force in Barbados on 1 November 2016.