BS · Americas · BSD
Bahamas
Tax rates
Income Tax
0%
Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Taxes on personal income) · as of 2026-02-24Corporate Tax
0%
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01VAT
10%
Standard rate
Source: PWC Worldwide Tax Summaries — Bahamas (Corporate, Other taxes) · as of 2026-02-24Capital Gains Tax
0%
Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Income determination) · as of 2026-02-24Crypto Tax
0%
Source: PWC Worldwide Tax Summaries — Bahamas, The (Individual, Income determination) · as of 2026-02-24Wealth Tax
0%
Not levied
Source: PWC Worldwide Tax Summaries — Bahamas, The (Net wealth/worth tax rates) · as of 2026-02-24
Estimate your income tax on a salary with the income tax calculator.
Notes & in practice
Income Tax
There is currently no personal income tax in The Bahamas.
VAT
In practice
- Filing
VAT registration becomes mandatory once a business's taxable revenue meets or exceeds BSD 100,000 within any 12-month period, though certain circumstances can require registration regardless of turnover.
Source: PWC Worldwide Tax Summaries — Bahamas (Corporate, Other taxes) · as of 2026-07-21- Exemptions
Since 1 April 2026, unprepared foods sold in food stores are exempt from VAT; certain essential goods, including medical and hygiene products, are separately taxed at a reduced 5% rate rather than the standard 10%.
Source: PWC Worldwide Tax Summaries — Bahamas (Corporate, Other taxes) · as of 2026-07-21
Capital Gains Tax
The Bahamas imposes no income tax on individuals, so no tax applies to individual capital gains, including gains from listed securities.
Crypto Tax
The Bahamas imposes no income tax on individuals, so individual gains from disposing of cryptocurrency are not taxed.
Wealth Tax
No net wealth/worth tax levied in The Bahamas.