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Americas

The Bahamas

Currency

BSD

Corporate Tax

0%

Personal Income Tax

0%

VAT / GST

10%

Corporate Income Tax

Headline rate0%

No corporate income tax (NA per PwC).

Personal Income Tax

Top marginal rate0%

No personal income tax.

Value Added Tax / GST

Standard rate10%

Standard 10% (reduced from 12% in 2023).

Withholding Taxes

Dividends

0%

Interest

0%

Royalties

0%

Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.

Social Security Contributions

NIB ~8.8% (employer 5.9% + employee 3.9%, capped).

Wealth & Capital Taxes

Capital Gains Tax

0%

Inheritance / Estate Tax

0%

Capital (Net Worth) Tax

0%

Property Tax

Real property tax 0.75–2% (above BSD 5k)

Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.

Filing Deadlines

Corporate returnNot applicable
Personal / PAYENot applicable
VAT / GSTMonthly/quarterly, by 21st of following month

Tax Year

Calendar year

Notes

Business Licence Tax 0.5%-1.5% of turnover. No income tax; revenue raised via VAT and stamp duty.