WorldTax Compareโ† All Comparisons

Bahamas vs Australia
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‡ฆ๐Ÿ‡บ Australia
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
0โ€“45%
+ 2% Medicare; thresholds indexed to CPI
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
10%
10% VAT maintained
No change
10%
No change planned
No change
Corporate Tax Rate
Corporate Tax Rate
0%
No CIT; Pillar Two compliance via domestic top-up
No change
25โ€“30%
Stable; Pillar Two active for large MNCs
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
0โ€“22.5%
50% discount maintained
No change
Social Security & Payroll
Social Security / Payroll
~9.8%
NIB; hurricane recovery spending affecting fiscal position
No change
12%
12% super guarantee; target rate reached
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‡ฆ๐Ÿ‡บ Australia โ€” State & Territory Taxes

Australia's 6 states and 2 territories levy payroll tax (4.75%โ€“6.85%), stamp duty on property, and land tax on investment properties. There is no state income tax โ€” income tax is federal only. The Stage 3 tax cuts (effective July 2024) restructured brackets significantly. The ACT is progressively replacing stamp duty with broad-based land value tax. Councils levy rates on property owners.

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 Australia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฆ๐Ÿ‡บ Australia has a higher top income tax rate (0% vs 0โ€“45%). ๐Ÿ‡ง๐Ÿ‡ธ Bahamas is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (10% vs 10%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ธ Bahamas offers a lower corporate rate (0% vs 30%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ง๐Ÿ‡ธ Bahamas taxes investment gains at a lower rate (0% vs 22.5%), benefiting investors.

Related Comparisons

๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฆ๐Ÿ‡ฉ AndorraTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฒ๐Ÿ‡จ MonacoTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฑ๐Ÿ‡ฎ LiechtensteinTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ธ๐Ÿ‡ฒ San MarinoTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ง๐Ÿ‡ง BarbadosTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡น๐Ÿ‡น Trinidad and TobagoTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฆ๐Ÿ‡ฑ AlbaniaTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฆ๐Ÿ‡ด AngolaTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฆ๐Ÿ‡ท ArgentinaTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฆ๐Ÿ‡ฒ ArmeniaTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฆ๐Ÿ‡น AustriaTax comparison๐Ÿ‡ง๐Ÿ‡ธ Bahamas vs ๐Ÿ‡ฆ๐Ÿ‡ฟ AzerbaijanTax comparison