Bahamas

Country profiles
Country profiles

Bahamas

  • Corporate Tax Haven Index ranking: 9
  • Financial Secrecy Index ranking: 22
  • Tax loss each year to tax havens: $0
  • Tax loss inflicted on other countries: $717,777,115

Country profile

Tax abuse losses

$0

lost in tax every year to global tax abuse

$0

lost to tax avoidance committed by multinational corporations

$0

lost to tax evasion committed by private individuals

  • Equivalent to 0.00% tax revenue (tax revenue in 2020 : $1,486,781,528 trillion)
  • Equivalent to loss of $0 per member of population (Population: 375,946.40)
  • Smaller than Global Average tax revenue Loss 2.61%
  • Smaller than Regional Average tax revenue Loss 3.31%

Global Rankings

Corporate Tax Haven Index 2019
#9

Global Rank (First is Worst)

100.00/100

Haven Score (100 is Worst)

3.63%

Share of global tax havenry

Financial Secrecy Index 2020
#22

Global Rank (First is Worst)

75.38/100

Haven Score (100 is Worst)

1.20%

Share of global tax secrecy

Harm to other countries

$717,777,115

in tax lost by other countries

$20,975,479

by enabling corporate tax avoidance

$696,801,636

by enabling private tax evasion

Responsible for 0.17% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
56,904 nurses

Social impact of lost tax

Tax loss equivalent to 0.00% of health budget
Tax loss equivalent to N/A of education spendings
Suffered tax loss equivalent to paying yearly salaries of
0 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Outward Portfolio Inv.
Vulnerable Score for this channel is 91.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Cayman Islands (25.5%)
United States (21.3%)
Brazil (20.8%)

Related articles