Taxation in The Bahamas

There are no taxes in The Bahamas?

• True

• False

The Bahamas is considered a ....

• Tax Haven

• Tax Hall

• Tax Retreat

What is the name of one of the taxes in The Bahamas?

• Income

• Inheritance

• Property

• Capital Gains

Social Security tax in the Bahamas is called...

• Insurance

• National Insurance

• Ministry of Health

Who pays the most Social Security tax?

• Employees

• Employers

• Self-employed

Property Tax is imposed on all properties.

• True

• False

Property Tax exemption stops at the first....

• $200,000

• $225,000

• $250,000

• $275,000

What type of Corporate tax do we impose in The Bahamas?

(a)  

What does VAT stand for?

(a)  

In what year was VAT introduced?

• 2012

• 2015

• 2018

• 2022