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Bermuda vs Gambia: tax rates compared
Gambia's income tax rate is 25pp higher than Bermuda's (25% vs 0%). The 200-country average is 28%: both sit below it. Bermuda's figure is dated 2026-02-19 and Gambia's 2018-01-01, so the two rates come from different data vintages.
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
| Tax | BM | GM | Difference |
|---|---|---|---|
| Income Tax | 0% | 25% | GM +25 pp |
| Corporate Tax | 0% | 27% | GM +27 pplargest gap |
| VAT | 0% | 15% | GM +15 pp |
| Capital Gains Tax | 0% | 15% | GM +15 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Taxes on personal income) · as of 2026-02-19 |
| Gambia | 25% | Source: Gambia Revenue Authority — Personal Income Tax · as of 2018-01-01 |
| Difference | −25 pp | Gambia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Gambia | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −27 pp | Gambia higher |
Gambia's corporate tax rate is 27pp higher than Bermuda's (27% vs 0%). The 201-country average is 22.6%: Bermuda sits below it, Gambia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Corporate, Other taxes) · as of 2026-02-19 |
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-01-01 |
| Difference | −15 pp | Gambia higher |
Gambia's VAT rate is 15pp higher than Bermuda's (15% vs 0%). The 181-country average is 15%: Bermuda sits below it, Gambia matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Income determination) · as of 2026-02-19 |
| Gambia | 15% | Source: Gambia Revenue Authority — Domestic Taxes FAQs · as of 2026-07-19 |
| Difference | −15 pp | Gambia higher |
Gambia's capital gains tax rate is 15pp higher than Bermuda's (15% vs 0%). The 175-country average is 10.3%: Bermuda sits below it, Gambia sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Net wealth/worth tax rates) · as of 2026-02-19 |
| Gambia | 0% | Source: Gambia Revenue Authority · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Bermuda's wealth tax rate is identical to Gambia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.