The Bahamas Withholding tax rates
The Bahamas Withholding tax rates: no single figure applies. The reason is set out below, cited to the governing instrument. Last checked against the official source on 10 Aug 2026.
Withholding tax on payments to non-residents in The Bahamas: there is none, because The Bahamas levies no personal or corporate income tax. Dividends, interest, royalties and service fees leave the country without deduction. The Department of Inland Revenue administers only indirect and property-type taxes (VAT, business licence, real property tax, stamp duty) plus, since 2024, the Domestic Minimum Top-Up Tax on very large multinational groups.
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| Current value | structured — see the API |
|---|---|
| In force from | — |
| Official source | Department of Inland Revenue, The Bahamas - the taxes it administers are Value Added Tax, Business Licence, Real Property Tax, Stamp Duty, Condo-Hotel Tax and the Domestic Minimum Top-Up Tax; no income tax and no withholding tax on dividends, interest or royalties exists in Bahamian law |
| Last verified | 2026-08-10 |
| Verification | secondary — Corroborated, but the primary instrument was NOT read (usually the publishing host blocks automated access). The absence of income tax is established by enumeration - the Department of Inland Revenue's own site lists every tax it administers and no income or withholding tax is among them - corroborated by practitioner references (Trading Economics: 'The Withholding Tax Rate in Bahamas stands at 0 percent'; KPMG TaxNewsFlash on the Bahamas Pillar Two legislation). No single official page states 'The Bahamas has no income tax' in quotable words, which is why this record is marked secondary despite the fact itself being uncontroversial. |
| Provenance | source fingerprint |
What this value means
THERE IS NO WITHHOLDING TAX RATE BECAUSE THERE IS NO INCOME TAX, WHICH IS WHY value IS NULL AND EVERY ENTRY IS 0. The Bahamas has never enacted a personal or corporate income tax, so no statute imposes deduction at source on dividends, interest, royalties or fees paid to non-residents. The zero entries below are affirmative findings with citation, not gaps. NO TREATY DIMENSION: with no domestic charge there is nothing for a double-tax agreement to reduce, and The Bahamas has no comprehensive income-tax treaties (only tax-information-exchange agreements). DO NOT CONFUSE THE DMTT WITH A WITHHOLDING TAX: the Domestic Minimum Top-Up Tax Act, 2024 imposes a 15% qualified domestic minimum top-up tax on Bahamian entities of multinational groups with consolidated annual revenue of EUR 750 million or more, for fiscal years beginning on or after 1 January 2025 (DIR registration opened in 2026). It is an entity-level Pillar Two tax on the group's low-taxed profits, NOT a deduction from cross-border payments; for every payer outside its narrow scope The Bahamas remains income-tax-free.
Get it programmatically
curl https://usaref.dev/v1/bs/withholding-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://usaref.dev/v1/bs/withholding-tax/history?from=2020-01-01
# Provenance: curl https://usaref.dev/provenance/bs/withholding-taxOther The Bahamas series: Central Bank of The Bahamas Discount Rate (Bank Rate) · VAT standard rate · VAT registration threshold · National minimum wage (weekly) · Public holidays · CPI inflation (year-on-year) · Corporate income tax rate · Statutory interest on judgment debts · Personal income tax brackets · Statutory social-insurance contributions
The same figure elsewhere: United States · Canada · Costa Rica · Dominican Republic · El Salvador · all 10