DT3154 - Double Taxation Relief Manual: Guidance by country: Barbados: Notes
Miscellaneous Provisions (Article 22).
The convention does not apply to companies which are entitled to any special tax benefit under the following regimes in force in Barbados:
- International Financial Services Act, Cap. 325
- Societies with Restricted Liability Act, Cap. 318B
- International Business Companies Act, Cap. 77
- Exempt Insurance Act, Cap. 308A
- any identical or substantially similar legislation
Benefits under the convention, such as the reduced rates of withholding tax, etc, are not therefore to be given to such companies.