Bahamas or Belarus: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Lighter: Bahamas, ahead by 3.4 FiScore points.

Tax Bahamas Belarus Gap
Corporate income tax headline rate 0% 20% −20.0 points
Personal income tax top bracket 0% 13% to 17% −17.0 points
VAT standard rate 10% 20% −10.0 points

Detailed schedules

Corporate income tax

Bahamas

Common law companies 0%
Multinational groups revenue over €750 M, since 2025 15%

Belarus

Tax base up to 25 million BYN 20%
Tax base over 25 million BYN since 2024 25%