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Bahamas vs South Africa: tax rates compared
South Africa has an income tax rate of 45%, 45pp above Bahamas's 0%. The 200-country average is 28%: Bahamas sits below it, South Africa sits above it.
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 | ZA | Difference |
|---|---|---|---|
| Income Tax | 0% | 45% | ZA +45 pplargest gap |
| Corporate Tax | 0% | 27% | ZA +27 pp |
| VAT | 10% | 15% | ZA +5 pp |
| Capital Gains Tax | 0% | 18% | ZA +18 pp |
| Crypto Tax | 0% | 18% | ZA +18 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 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −45 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bahamas | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −27 pp | South Africa higher |
South Africa has a corporate tax rate of 27%, 27pp above Bahamas's 0%. The 201-country average is 22.6%: Bahamas sits below it, South Africa sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bahamas | 10% | Source: PWC Worldwide Tax Summaries — Bahamas (Corporate, Other taxes) · as of 2026-02-24 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | −5 pp | South Africa higher |
South Africa has a VAT rate of 15%, 5pp above Bahamas's 10%. The 181-country average is 15%: Bahamas sits below it, South Africa matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bahamas | 0% | Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Income determination) · as of 2026-02-24 |
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Difference | −18 pp | South Africa higher |
South Africa has a capital gains tax rate of 18%, 18pp above Bahamas's 0%. The 175-country average is 10.3%: Bahamas sits below it, South Africa 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 |
| South Africa | 18% | Source: South African Revenue Service — Crypto Assets & Tax · as of 2026-03-20 |
| Difference | −18 pp | South Africa higher |
South Africa has a crypto tax rate of 18%, 18pp above Bahamas's 0%. The 88-country average is 13%: Bahamas sits below it, South Africa sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bahamas | 0% | Source: PWC Worldwide Tax Summaries — Bahamas, The (Net wealth/worth tax rates) · as of 2026-02-24 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
Bahamas and South Africa share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.