BM · AmericasRW · Africa

Bermuda vs Rwanda: tax rates compared

Between the two, Rwanda's income tax rate (30%) tops Bermuda's (0%) by 30pp. The 200-country average is 28%: Bermuda sits below it, Rwanda sits above 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%30%Corporate0%28%VAT0%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax BM RWDifference
Income Tax0%30%RW +30 pplargest gap
Corporate Tax0%28%RW +28 pp
VAT0%18%RW +18 pp
Capital Gains Tax0%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
Rwanda30%Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20
Difference−30 ppRwanda higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bermuda0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Rwanda28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−28 ppRwanda higher

Between the two, Rwanda's corporate tax rate (28%) tops Bermuda's (0%) by 28pp. The 201-country average is 22.6%: Bermuda sits below it, Rwanda sits above it.

VAT

VAT, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Corporate, Other taxes) · as of 2026-02-19
Rwanda18%Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18
Difference−18 ppRwanda higher

Between the two, Rwanda's VAT rate (18%) tops Bermuda's (0%) by 18pp. The 181-country average is 15%: Bermuda sits below it, Rwanda sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Bermuda0%Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Income determination) · as of 2026-02-19
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference0 ppdisplayed rates match

There's no gap here — Bermuda and Rwanda both post a capital gains tax rate of 0%. The 175-country average is 10.3%: 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
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Difference0 ppdisplayed rates match

There's no gap here — Bermuda and Rwanda 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: Crypto Tax.