BS · AmericasMH · Oceania

Bahamas vs Marshall Islands: tax rates compared

Between the two, Marshall Islands's income tax rate (12%) tops Bahamas's (0%) by 12pp. The 200-country average is 28%: both sit below it. Bahamas's figure is dated 2026-02-24 and Marshall Islands's 2018-05-21, so the two rates come from different data vintages.

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

At a glance

0102030405060Income0%12%Wealth Tax0%
two shared taxes, side by side
Tax BS MHDifference
Income Tax0%12%MH +12 pplargest gap
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
Marshall Islands12%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989, Section 103 (Tax on Wages and Salaries) · as of 2018-05-21
Difference−12 ppMarshall Islands higher

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
Marshall Islands0%Source: Nitijela (Parliament) of the Republic of the Marshall Islands — Title 48 MIRC, Chapter 1, Income Tax Act 1989 · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Bahamas and Marshall Islands both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Corporate Tax, VAT, Capital Gains Tax, Crypto Tax.