Bahamas vs Uzbekistan
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.
๐บ๐ฟ Uzbekistan โ Regional & Local Taxes
Uzbekistan's 14 regions (viloyatlar), Tashkent city, and the Republic of Karakalpakstan have limited independent tax powers. Local Councils of People's Deputies can set local tax rates within national frameworks. Local taxes include property tax on individuals, land tax for individuals, and water use tax (in rural areas). The State Tax Committee administers all major national taxes. Uzbekistan has undergone sweeping tax reforms since 2020 โ replacing a complex multi-rate VAT with a flat 12%, simplifying income and corporate tax.
Bahamas vs Uzbekistan: Key Tax Differences (2026)
๐ฐ Income Tax: ๐บ๐ฟ Uzbekistan has a higher top income tax rate (0% vs 12%). ๐ง๐ธ Bahamas is more favourable for high earners.
๐ VAT/Sales Tax: Uzbekistan has a higher consumption tax (10% vs 12%).
๐ข Corporate Tax: ๐ง๐ธ Bahamas offers a lower corporate rate (0% vs 15%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ธ Bahamas taxes investment gains at a lower rate (0% vs 12%), benefiting investors.