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Bahamas vs Canada: tax rates compared
Canada's income tax rate is 53.5pp higher than Bahamas's (53.5% vs 0%). The 200-country average is 28%: Bahamas sits below it, Canada sits above it. Bahamas's figure is dated 2026-02-24 and Canada's 2025-01-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BS | CA | Difference |
|---|---|---|---|
| Income Tax | 0% | 53.5% | CA +53.5 pplargest gap |
| Corporate Tax | 0% | 26% | CA +26 pp |
| VAT | 10% | 5% | BS +5 pp |
| Capital Gains Tax | 0% | 27.4% | CA +27.4 pp |
| Crypto Tax | 0% | 27.4% | CA +27.4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bahamas | 0% | Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Taxes on personal income) · as of 2026-02-24 |
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −53.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bahamas | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −26 pp | Canada higher |
Canada's corporate tax rate is 26pp higher than Bahamas's (26% vs 0%). The 201-country average is 22.6%: Bahamas sits below it, Canada sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bahamas | 10% | Source: PWC Worldwide Tax Summaries — Bahamas (Corporate, Other taxes) · as of 2026-02-24 |
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Difference | +5 pp | Bahamas higher |
Bahamas's VAT rate is 5pp higher than Canada's (10% vs 5%). The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bahamas | 0% | Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Income determination) · as of 2026-02-24 |
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| Difference | −27.4 pp | Canada higher |
Canada's capital gains tax rate is 27.4pp higher than Bahamas's (27.4% vs 0%). The 175-country average is 10.3%: Bahamas sits below it, Canada sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Bahamas | 0% | Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Income determination) · as of 2026-02-24 |
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| Difference | −27.4 pp | Canada higher |
Canada's crypto tax rate is 27.4pp higher than Bahamas's (27.4% vs 0%). The 88-country average is 13%: Bahamas sits below it, Canada sits above it. Bahamas's figure is dated 2026-02-24 and Canada's 2023-12-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bahamas | 0% | Source: PWC Worldwide Tax Summaries — Bahamas, The (Net wealth/worth tax rates) · as of 2026-02-24 |
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Difference | 0 pp | displayed rates match |
Bahamas's wealth tax rate is identical to Canada's — both sit at 0%. The 193-country average is 0.1%: both sit below it.