WorldTax Compareโ† All Comparisons

Armenia vs Bahamas
Tax Rate Comparison

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

๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia
vs
๐Ÿ‡ง๐Ÿ‡ธ Bahamas
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
20%
Flat 20%; tech hub status attracting IT workers
No change
0%
No income tax maintained
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
20%
20% stable
No change
10%
10% VAT maintained
No change
Corporate Tax Rate
Corporate Tax Rate
18%
18%; tech incentives; Pillar Two considerations
No change
0%
No CIT; Pillar Two compliance via domestic top-up
No change
Capital Gains Tax
Capital Gains Tax
10%
10% maintained
No change
0%
No CGT
No change
Social Security & Payroll
Social Security / Payroll
~21.5%
Pension system maturing
No change
~9.8%
NIB; hurricane recovery spending affecting fiscal position
No change
State, Regional & Local Taxes

๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia โ€” Community & Municipal Taxes

Armenia's 930 communities (hamaynkner) levy local taxes including land tax and property tax within frameworks set by the Tax Code. Yerevan, as a metropolis divided into 12 administrative districts, has the highest commercial property values. The State Revenue Committee (SRC) administers all national taxes. Armenia has an EU-associated trade agreement (CEPA) and maintains CIS links with Russia. A flat income tax replaced progressive rates in 2020. Significant diaspora investment affects the fiscal landscape.

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.

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.

Armenia vs Bahamas: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia has a higher top income tax rate (20% vs 0%). ๐Ÿ‡ง๐Ÿ‡ธ Bahamas is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Armenia has a higher consumption tax (20% vs 10%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ธ Bahamas offers a lower corporate rate (0% vs 18%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡ธ Bahamas taxes investment gains at a lower rate (0% vs 10%), benefiting investors.

Related Comparisons

๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡จ๐Ÿ‡ณ ChinaTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ญ๐Ÿ‡ฐ Hong KongTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ฏ๐Ÿ‡ต JapanTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ฐ๐Ÿ‡ท South KoreaTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ซ๐Ÿ‡ท FranceTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ฉ๐Ÿ‡ช GermanyTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ฎ๐Ÿ‡ณ IndiaTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ฆ๐Ÿ‡บ AustraliaTax comparison๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia vs ๐Ÿ‡ง๐Ÿ‡ท BrazilTax comparison