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Bahamas vs Paraguay: tax rates compared

Paraguay's income tax rate is 10pp higher than Bahamas's (10% vs 0%). The 200-country average is 28%: both sit below 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%10%Corporate0%10%VAT10%Capital Gains0%8%Wealth Tax0%
five shared taxes, side by side
Tax BS PYDifference
Income Tax0%10%PY +10 pplargest gap
Corporate Tax0%10%PY +10 pp
VAT10%10%match
Capital Gains Tax0%8%PY +8 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
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Difference−10 ppParaguay higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bahamas0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Paraguay10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppParaguay higher

Paraguay's corporate tax rate is 10pp higher than Bahamas's (10% vs 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
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07
Difference0 ppdisplayed rates match

Bahamas's VAT rate is identical to Paraguay's — both sit at 10%. The 181-country average is 15%: both sit below it.

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
Paraguay8%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Difference−8 ppParaguay higher

Paraguay's capital gains tax rate is 8pp higher than Bahamas's (8% vs 0%). The 175-country average is 10.3%: both sit below 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
Paraguay0%Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.