INDIVIDUAL TAXATION

Nonresidents are taxed on their income from sources in Antigua and Barbuda. Married individuals are taxed separately.

INCOME TAX

RENTAL INCOME
There is no personal income tax in Antigua and Barbuda.

CAPITAL GAINS
Capital gains are not subject to taxation in Antigua.

If a taxpayer earns capital gains regularly and frequently, the capital gains are considered as income from trade or business and taxed at standard income tax rates.

Land Value Appreciation Tax

Nonresident individuals transferring property ownership in Antigua are subject to the land value appreciation tax ranging from 5% to 20%. The tax base is the property´s selling price or market value less acquisition costs and improvement costs through the property´s holding period.

PROPERTY TAX

Property Tax

Property tax is assessed on the market value of real property, and ranges from 0.10% to 0.50%.The applicable tax rates depend on the classification of the property; whether it is a residential property or commercial property.

CORPORATE TAXATION

INCOME TAX

Income earned by companies is taxed at the standard corporate tax rate of 25%. Income-generating expenses are deductible when calculating taxable income.