The Sales Tax Rate in Bahamas stands at 12 percent. This dataset provides - Bahamas Sales Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bahamas BS: Total Tax Rate: % of Profit data was reported at 33.800 % in 2019. This records an increase from the previous number of 31.500 % for 2018. Bahamas BS: Total Tax Rate: % of Profit data is updated yearly, averaging 42.900 % from Dec 2007 (Median) to 2019, with 13 observations. The data reached an all-time high of 48.500 % in 2013 and a record low of 31.500 % in 2018. Bahamas BS: Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.

Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data was reported at 12.676 % in 2023. This records an increase from the previous number of 12.511 % for 2022. Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data is updated yearly, averaging 3.818 % from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 14.826 % in 2020 and a record low of 0.576 % in 1993. Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.;;

Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data was reported at 57.050 % in 2023. This records a decrease from the previous number of 57.129 % for 2022. Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data is updated yearly, averaging 27.259 % from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 67.361 % in 2019 and a record low of 2.822 % in 1993. Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;

Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services data was reported at 1,629.038 BSD mn in 2023. This records an increase from the previous number of 1,488.588 BSD mn for 2022. Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services data is updated yearly, averaging 354.149 BSD mn from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 1,634.363 BSD mn in 2019 and a record low of 15.000 BSD mn in 1993. Bahamas BS: Revenue and Grants: Revenue: Taxes on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bahamas – Table BS.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;