Bahamas vs Belarus
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ง๐ธ Bahamas โ Local Government Rates & Fees
The Bahamas' islands have local government bodies collecting fees for services, building permits, and business licences. The Bahamas famously has no income tax, no capital gains tax, no corporate income tax, and no withholding tax โ making it one of the world's purest zero-tax jurisdictions. Revenue comes through VAT (introduced 2015), real property tax, customs duties, and stamp duty. As a major offshore financial centre and tourism destination, the Bahamas has faced OECD/FATF pressure on transparency and has made significant reforms.
๐ง๐พ Belarus โ Regional & Local Taxes
Belarus's 6 oblasts and Minsk city have limited independent taxing powers. Local councils set rates for land tax and real estate tax within national parameters. The Ministry of Taxes and Duties administers all national taxes. Belarus operates a largely state-directed economy with close ties to Russia. Under Alexander Lukashenko's government, the tax system has remained relatively simple โ flat income tax and corporate rates. Significant economic pressure from Western sanctions following 2020 election crisis.
Bahamas vs Belarus: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐พ Belarus has a higher top income tax rate (0% vs 13%). ๐ง๐ธ Bahamas is more favourable for high earners.
๐ VAT/Sales Tax: Belarus has a higher consumption tax (10% vs 20%).
๐ข Corporate Tax: ๐ง๐ธ Bahamas offers a lower corporate rate (0% vs 20%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ธ Bahamas taxes investment gains at a lower rate (0% vs 13%), benefiting investors.