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Bahamas vs Greece
Tax Rate Comparison

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

πŸ‡§πŸ‡Έ Bahamas
vs
πŸ‡¬πŸ‡· Greece
Tax Year:

πŸ’° Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0%
No income tax maintained
No change
0–44%
Further relief measures proposed for middle income
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
10%
10% VAT maintained
No change
6–24%
24% standard; no change
No change
Corporate Tax Rate
Corporate Tax Rate
0%
No CIT; Pillar Two compliance via domestic top-up
No change
22%
22%; debate on further reduction to attract investment
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
15%
15% maintained; real estate market booming
No change
Social Security & Payroll
Social Security / Payroll
~9.8%
NIB; hurricane recovery spending affecting fiscal position
No change
~39%
Pension system under ongoing reform
No change
State, Regional & Local Taxes

πŸ‡§πŸ‡Έ Bahamas β€” 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 β€” 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.

πŸ‡¬πŸ‡· Greece β€” Municipal & Regional Taxes

Greece's 13 regions (perifereies) and 325 municipalities (dimoi) do not set income tax independently. However, municipalities levy ENFIA supplements (property tax top-ups) and local business fees. The ENFIA (Single Property Tax) is nationally set but has municipal supplement components. EETA (special property levy) applies to certain properties. Greece's tax system has been substantially reformed since the 2010 bailout, with major improvements to compliance and electronic filing requirements.

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

Bahamas vs Greece: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¬πŸ‡· Greece has a higher top income tax rate (0% vs 0–44%). πŸ‡§πŸ‡Έ Bahamas is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Greece has a higher consumption tax (10% vs 6–24%).

🏒 Corporate Tax: πŸ‡§πŸ‡Έ Bahamas offers a lower corporate rate (0% vs 22%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡§πŸ‡Έ Bahamas taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

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