The income tax treaty between Barbados and Italy entered into force on 17 October 2017. The treaty, signed 24 August 2015, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Barbados income tax, corporation tax, and petroleum winning operations tax. It covers Italian personal income tax, corporate income tax and the regional tax on productive activities (IRAP).
Withholding Tax Rates
- Dividends - 5% if the beneficial owner is a company directly holding at …