Bahamas BS: Total Tax Rate: % of Profit

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 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.

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