WorldTax Compareโ† All Comparisons

Bahamas vs Estonia
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ง๐Ÿ‡ธ Bahamas
vs
๐Ÿ‡ช๐Ÿ‡ช Estonia
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0%
No income tax maintained
No change
22%
22% national + local supplement; defence spending driving rate increases
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
10%
10% VAT maintained
No change
9โ€“24%
24% standard; defence-driven fiscal pressure
No change
Corporate Tax Rate
Corporate Tax Rate
0%
No CIT; Pillar Two compliance via domestic top-up
No change
22%
22% on distributed profits; retained earnings still 0%
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
22%
22% as income
No change
Social Security & Payroll
Social Security / Payroll
~9.8%
NIB; hurricane recovery spending affecting fiscal position
No change
~33%
33% social tax maintained; III pillar voluntary pension growing
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡ธ 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.

๐Ÿ‡ช๐Ÿ‡ช Estonia โ€” Local Income Tax Supplement

Estonia's 79 local governments levy a local income tax supplement of 11.4% of taxable income (2024), collected alongside the national 20% income tax. Together these form the effective total income tax. Estonia's unique fully distributed profit taxation system means companies pay no corporate income tax on retained earnings โ€” only on distributed profits (dividends). This has driven significant foreign investment. Land tax (maamaks) is levied at 0.1%โ€“2.5% of assessed land value by municipalities.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Bahamas vs Estonia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ช๐Ÿ‡ช Estonia has a higher top income tax rate (0% vs 22%). ๐Ÿ‡ง๐Ÿ‡ธ Bahamas is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Estonia has a higher consumption tax (10% vs 9โ€“24%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ธ Bahamas offers a lower corporate rate (0% vs 22%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡ธ Bahamas taxes investment gains at a lower rate (0% vs 22%), benefiting investors.

Related Comparisons

๐Ÿ‡จ๐Ÿ‡ฆ Canada vs ๐Ÿ‡ช๐Ÿ‡ช EstoniaTax comparison๐Ÿ‡ช๐Ÿ‡ช Estonia vs ๐Ÿ‡ฉ๐Ÿ‡ช GermanyTax comparison๐Ÿ‡ช๐Ÿ‡ช Estonia vs ๐Ÿ‡ฑ๐Ÿ‡ป LatviaTax comparison๐Ÿ‡ช๐Ÿ‡ช Estonia vs ๐Ÿ‡ฑ๐Ÿ‡น LithuaniaTax comparison๐Ÿ‡ช๐Ÿ‡ช Estonia vs ๐Ÿ‡ธ๐Ÿ‡ช SwedenTax comparison๐Ÿ‡ช๐Ÿ‡ช Estonia vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡ช๐Ÿ‡ช Estonia vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡ฆ๐Ÿ‡น Austria vs ๐Ÿ‡ช๐Ÿ‡ช EstoniaTax comparison๐Ÿ‡ง๐Ÿ‡ช Belgium vs ๐Ÿ‡ช๐Ÿ‡ช EstoniaTax comparison๐Ÿ‡จ๐Ÿ‡พ Cyprus vs ๐Ÿ‡ช๐Ÿ‡ช EstoniaTax comparison๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark vs ๐Ÿ‡ช๐Ÿ‡ช EstoniaTax comparison๐Ÿ‡ช๐Ÿ‡ช Estonia vs ๐Ÿ‡ซ๐Ÿ‡ฎ FinlandTax comparison