Bahamas vs Malta
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§πΈ 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.
π²πΉ Malta β Local Council Taxes
Malta's 68 local councils (kunsilli lokali) have limited taxing powers β primarily fees for refuse collection, minor local services, and permits. Income tax, VAT, and company tax are all national. Malta is a significant EU financial services hub offering a full imputation dividend tax credit system that can reduce corporate effective tax rates to as low as 5% for non-resident shareholders. Malta has attracted gaming companies, crypto regulation pioneers, and financial services firms with its competitive holding company structures and refund system.
Bahamas vs Malta: Key Tax Differences (2026)
π° Income Tax: π²πΉ Malta has a higher top income tax rate (0% vs 0β35%). π§πΈ Bahamas is more favourable for high earners.
π VAT/Sales Tax: Malta has a higher consumption tax (10% vs 5β18%).
π’ Corporate Tax: π§πΈ Bahamas offers a lower corporate rate (0% vs 35%), which can influence business location decisions.
π Capital Gains: π§πΈ Bahamas taxes investment gains at a lower rate (0% vs 12%), benefiting investors.