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Bahamas vs Ethiopia: tax rates compared

Ethiopia's income tax rate is 35pp higher than Bahamas's (35% vs 0%). The 200-country average is 28%: Bahamas sits below it, Ethiopia sits above it.

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%35%Corporate0%30%VAT10%15%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax BS ETDifference
Income Tax0%35%ET +35 pplargest gap
Corporate Tax0%30%ET +30 pp
VAT10%15%ET +5 pp
Capital Gains Tax0%15%ET +15 pp
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
Ethiopia35%Source: PwC Worldwide Tax Summaries — Ethiopia, Individual - Taxes on personal income · as of 2026-07-15
Difference−35 ppEthiopia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bahamas0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ethiopia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−30 ppEthiopia higher

Ethiopia's corporate tax rate is 30pp higher than Bahamas's (30% vs 0%). The 201-country average is 22.6%: Bahamas sits below it, Ethiopia sits above it.

VAT

VAT, side by side
CountryRateSource
Bahamas10%Source: PWC Worldwide Tax Summaries — Bahamas (Corporate, Other taxes) · as of 2026-02-24
Ethiopia15%Source: PWC Worldwide Tax Summaries — Ethiopia (Corporate, Other taxes) · as of 2026-07-15
Difference−5 ppEthiopia higher

Ethiopia's VAT rate is 5pp higher than Bahamas's (15% vs 10%). The 181-country average is 15%: Bahamas sits below it, Ethiopia matches the world average.

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
Ethiopia15%Source: PwC Worldwide Tax Summaries — Ethiopia, Corporate - Other taxes · as of 2026-07-15
Difference−15 ppEthiopia higher

Ethiopia's capital gains tax rate is 15pp higher than Bahamas's (15% vs 0%). The 175-country average is 10.3%: Bahamas sits below it, Ethiopia sits above it.

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
Ethiopia0%Source: PWC Worldwide Tax Summaries — Ethiopia (Individual, Other taxes) · as of 2026-07-15
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.