The Corporate Tax Rate in Bahamas stands at 0 percent.

Corporate Tax Rate in Bahamas is expected to reach 0.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Corporate Tax Rate is projected to trend around 0.00 percent in 2021, according to our econometric models.

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Bahamas Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.00 0.00 0.00 2006 - 2020 percent Yearly

Bahamas Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Personal Income Tax Rate 0.00 0.00 0.00 0.00 percent [+]
Social Security Rate 9.80 9.80 9.80 8.80 percent [+]
Social Security Rate For Companies 5.90 5.90 5.90 5.40 percent [+]
Social Security Rate For Employees 3.90 3.90 3.90 3.40 percent [+]
Sales Tax Rate 12.00 12.00 12.00 7.50 percent [+]


Bahamas Corporate Tax Rate
In Bahamas, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Bahamas.