Bahamas, The

Tax information exchange agreements (TIEAs)

The Bahamas has established Tax Information Exchange Agreements (TIEAs) with several countries, including the United States (US), Canada, and China, among others.

Intergovernmental agreements (IGAs)

The Bahamas has entered into an IGA with the United States for the implementation of the Foreign Account Tax Compliance Act (FATCA). This arrangement is classified as a Model 1 IGA, under which the US government receives information from The Bahamas without reciprocal exchange.

Mandatory disclosure rules

The Bahamas is not a member of the European Union (EU) and does not have its own DAC6 mandatory disclosure regime. However, Bahamian intermediaries and taxpayers can still be subject to DAC6 reporting obligations if they are involved in a cross-border arrangement with an EU Member State.