The Bahamas is a tax haven, there is not income tax nor corporate taxes. The economy is based on tourism, financial services, real estate and construction. The government generates revenues by levying VAT which is the equivalent of sales taxes, import duties on all imports and some stamp taxes on real estate transactions. Import duties in the Bahamas are applied on most goods imported in the Bahamas, the Bahamas import almost everything they vary between 0% and 220% of the value of the imported goods.
Average important import duties reach the 30% level. The tourism industry being the largest industry that generates a lot of revenues and employment for Bahamians is being blessed by being exonerated from most duties and taxes. Please refer to the resource listed below to know more about Import duties. All items are specified with their duty rates.
To find duty rates on the prospective import CLICK HERE
To calculate duty CLICK HERE