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Bahamas vs Belize: tax rates compared

Belize's income tax rate is 25pp higher than Bahamas's (25% vs 0%). The 200-country average is 28%: both sit below it. Bahamas's figure is dated 2026-02-24 and Belize's 2025-01-01, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income0%25%Corporate0%VAT10%12.5%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax BS BZDifference
Income Tax0%25%BZ +25 pplargest gap
Corporate Tax0%0%match
VAT10%12.5%BZ +2.5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bahamas0%Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Taxes on personal income) · as of 2026-02-24
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
Difference−25 ppBelize higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bahamas0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Bahamas's corporate tax rate is identical to Belize's — both sit at 0%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Bahamas10%Source: PWC Worldwide Tax Summaries — Bahamas (Corporate, Other taxes) · as of 2026-02-24
Belize12.5%Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31
Difference−2.5 ppBelize higher

Belize's VAT rate is 2.5pp higher than Bahamas's (12.5% vs 10%). The 181-country average is 15%: both sit below it. Bahamas's figure is dated 2026-02-24 and Belize's 2011-12-31, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Bahamas0%Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Income determination) · as of 2026-02-24
Belize0%Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31
Difference0 ppdisplayed rates match

Bahamas's capital gains tax rate is identical to Belize's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Bahamas's figure is dated 2026-02-24 and Belize's 2020-12-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bahamas0%Source: PWC Worldwide Tax Summaries — Bahamas, The (Net wealth/worth tax rates) · as of 2026-02-24
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
Difference0 ppdisplayed rates match

Bahamas's wealth tax rate is identical to Belize's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.