The Barbados Revenue Authority has recently published guidance notes dated October 2020 concerning the impact of COVID-19 on the tax residency status of individuals and companies. The guidance notes are based on guidance issued by the OECD.
The guidance note for companies addresses cases where a company, which is normally considered to be tax resident in Barbados by virtue of maintaining central management and control in Barbados, may be unable to satisfy the legal criteria to be deemed a r…