⚖️ 🇧🇲 Bermuda vs 🇧🇾 Belarus
📊 AT A GLANCE
| Metric | 🇧🇲 Bermuda | 🇧🇾 Belarus |
|---|---|---|
| Top Personal Income Tax | 0.00% | 25.00% |
| Effective Top PIT Rate | 0.00% | 25.00% |
| Corporate Tax Rate | 15.00% | 18.00% |
| VAT / GST | — | 20.00% (NDS) |
| Tax System | No Income Tax | Worldwide |
| Tax Treaties | 0 | 68 |
💰 INCOME TAX RATES
| Rate | Bermuda | Belarus |
|---|---|---|
| Top PIT Rate | 0.00% | 25.00% |
| Effective Top PIT | 0.00% | 25.00% |
| Capital Gains Tax | — | 13.00% |
| CG Notes | No capital gains tax. | Taxed at PIT rates. Securities held >3 years exempt. |
| SS Employee | 6.00% | 1.00% |
| SS Employer | 6.00% | 34.00% |
🏦 WITHHOLDING RATES
| Type | Bermuda | Belarus |
|---|---|---|
| Dividend WHT | 0.00% | 13.00% |
| Interest WHT | 0.00% | 13.00% |
| Royalty WHT | 0.00% | 15.00% |
📋 OTHER TAXES
| Tax | Bermuda | Belarus |
|---|---|---|
| Corporate Tax | 15.00% | 18.00% |
| Inheritance Tax | — | 0.00% |
| Wealth Tax | — | — |
🔧 TAX FEATURES
| Feature | Bermuda | Belarus |
|---|---|---|
| Personal Income Tax | No | Yes |
| Capital Gains Tax | No | Yes |
| Corporate Tax | Yes | Yes |
| VAT / GST | No | Yes |
| Wealth Tax | No | No |
| Inheritance Tax | No | No |
| Exit Tax | No | No |
| CFC Rules | No | No |
| Digital Services Tax | No | No |
| Crypto-Specific Rules | No | Yes |
| Participation Exemption | No | No |
| Territorial Exemption | No | No |
🌟 SPECIAL REGIMES
| Regime | Bermuda | Belarus |
|---|---|---|
| Digital Nomad Tax Regime | No | No |
| Non-Dom Regime | No | No |
📅 RESIDENCY & FILING
| Detail | Bermuda | Belarus |
|---|---|---|
| Residency Threshold | — | 183 days |
| Residency Rules | No personal income tax so residency for tax purposes is not a major concern. Work permits required for non-Bermudians. | Resident if present 183+ days in calendar year |
| Filing Deadline | — | March 31 |
| Auto Extension | No | No |
| Filing Notes | No personal income tax filing. Payroll tax returns due quarterly. CIT applies only to large MNEs. | — |