BM · AmericasNR · Oceania

Bermuda vs Nauru: tax rates compared

Between the two, Nauru's income tax rate (20%) tops Bermuda's (0%) by 20pp. The 200-country average is 28%: both sit below it. Bermuda's figure is dated 2026-02-19 and Nauru's 2023-07-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income0%20%Corporate0%25%VAT0%Wealth Tax0%
four shared taxes, side by side
Tax BM NRDifference
Income Tax0%20%NR +20 pp
Corporate Tax0%25%NR +25 pplargest gap
VAT0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Taxes on personal income) · as of 2026-02-19
Nauru20%Source: Nauru Revenue Office, Ministry of Finance — Tax Rates (1 July 2023 - 30 June 2024) · as of 2023-07-01
Difference−20 ppNauru higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bermuda0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Nauru25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−25 ppNauru higher

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

VAT

VAT, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Corporate, Other taxes) · as of 2026-02-19
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Bermuda and Nauru both post a VAT rate of 0%. The 181-country average is 15%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Net wealth/worth tax rates) · as of 2026-02-19
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Bermuda and Nauru 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: Capital Gains Tax, Crypto Tax.