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No Crypt Gains Tax: There is no tax on cryptocurrency gains, allowing investors to retain more of their earnings without incurring additional liabilities.
Low Corporate Tax Rate: The corporate tax rate stands at a competitive 9%—on par with other favorable jurisdictions like Hungary and the UAE.
No Wealth or Inheritance Tax: Additionally, the absence of both wealth tax and inheritance tax enhances the overall tax picture for residents.
This combination of favorable tax policies makes Barbados a competitive destination for crypto investors wishing to reduce their tax obligations without appearing to evade taxes.