BS · AmericasES · Europe

Bahamas vs Spain: tax rates compared

Between the two, Spain's income tax rate (48.6%) tops Bahamas's (0%) by 48.6pp. The 200-country average is 28%: Bahamas sits below it, Spain sits above it. Bahamas's figure is dated 2026-02-24 and Spain'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

0102030405060Income0%48.6%Corporate0%25%VAT10%21%Capital Gains0%30%Crypto0%30%Wealth Tax0%3.5%
six shared taxes, side by side
Tax BS ESDifference
Income Tax0%48.6%ES +48.6 pplargest gap
Corporate Tax0%25%ES +25 pp
VAT10%21%ES +11 pp
Capital Gains Tax0%30%ES +30 pp
Crypto Tax0%30%ES +30 pp
Wealth Tax0%3.5%ES +3.5 pp

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
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−48.6 ppSpain higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bahamas0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−25 ppSpain higher

Between the two, Spain's corporate tax rate (25%) tops Bahamas's (0%) by 25pp. The 201-country average is 22.6%: Bahamas sits below it, Spain sits above it.

VAT

VAT, side by side
CountryRateSource
Bahamas10%Source: PWC Worldwide Tax Summaries — Bahamas (Corporate, Other taxes) · as of 2026-02-24
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference−11 ppSpain higher

Between the two, Spain's VAT rate (21%) tops Bahamas's (10%) by 11pp. The 181-country average is 15%: Bahamas sits below it, Spain sits above it. Bahamas's figure is dated 2026-02-24 and Spain's 2025-12-31, so the two rates come from different data vintages.

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
Spain30%Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31
Difference−30 ppSpain higher

Between the two, Spain's capital gains tax rate (30%) tops Bahamas's (0%) by 30pp. The 175-country average is 10.3%: Bahamas sits below it, Spain sits above it. Bahamas's figure is dated 2026-02-24 and Spain's 2025-12-31, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Bahamas0%Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Income determination) · as of 2026-02-24
Spain30%Source: Agencia Tributaria — Manual Práctico Renta 2025, Compra y venta de monedas virtuales: tributación en el IRPF del inversor · as of 2025-01-01
Difference−30 ppSpain higher

Between the two, Spain's crypto tax rate (30%) tops Bahamas's (0%) by 30pp. The 88-country average is 13%: Bahamas sits below it, Spain sits above it. Bahamas's figure is dated 2026-02-24 and Spain's 2025-01-01, so the two rates come from different data vintages.

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
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−3.5 ppSpain higher

Between the two, Spain's wealth tax rate (3.5%) tops Bahamas's (0%) by 3.5pp. The 193-country average is 0.1%: Bahamas sits below it, Spain sits above it. Bahamas's figure is dated 2026-02-24 and Spain's 2025-12-31, so the two rates come from different data vintages.