Guidance Notes

The Barbados Revenue Authority has issued Guidance Note OGC No. 11/2025 to outline the Common Reporting Standard (CRS) obligations for Retirement Funds under the Income Tax (Automatic Exchange of Information) Regulations, 2017. All Retirement Funds—except Government Entities, the Central Bank, and International Organizations—are required to register via the AEOI web portal and submit CRS reports by August 31, 2025, for the 2024 reporting year. Funds must perform due diligence to identify account holders or beneficiaries who are tax resident in Reportable Jurisdictions and report their account balances and disbursements. A NIL report is required where no such persons are identified. The guidance also emphasizes self-certification, reporting deadlines, and record-keeping obligations.

👉 Download Guidance Note OGC No. 11/2025 (PDF)