The Sales Tax Rate in Bahamas stands at 12 percent. source: Ministry of Finance, Bahamas

Sales Tax Rate in Bahamas averaged 10.31 percent from 2015 until 2022, reaching an all time high of 12 percent in 2018 and a record low of 7.50 percent in 2016. This page provides - Bahamas Sales Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Sales Tax Rate - values, historical data and charts - was last updated on March of 2023.

Sales Tax Rate in Bahamas is expected to reach 12.00 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Sales Tax Rate is projected to trend around 12.00 percent in 2024, according to our econometric models.

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Bahamas Sales Tax Rate

Related Last Previous Unit Reference
Personal Income Tax Rate 0.00 0.00 percent Dec 2022
Corporate Tax Rate 0.00 0.00 percent Dec 2022
Sales Tax Rate 12.00 12.00 percent Dec 2022

Bahamas Sales Tax Rate
In Bahamas, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Bahamas.
Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 12.00 7.50 2015 - 2022 percent Yearly