The Government of The Bahamas launches One Tax Bahamas
Overview
The Government of The Bahamas, has introduced One Tax Bahamas (OTB), a centralised digital portal designed to provide individuals and businesses with a single access point for tax registration, filing, payments, and account administration.
Each taxpayer must obtain a Bahamas Identification Number (BIN), a unique number assigned to each taxpayer within the One Tax Bahamas system to access its tax services.
Registration for the Bahamas Identification Number (BIN) opens on 1 September 2026.
Who Must Obtain a BIN
- Entities of Multinational Enterprise (MNE) Groups, in scope of the OECD Pillar Two - Global Anti-Base Erosion (GloBE) Model Rules located in The Bahamas.
- Value Added Tax and Business Licence taxpayers
- Individuals or entities that own Bahamian real property
- International Business Companies conducting business in or from within The Bahamas
As part of its functionality, OTB allows taxpayers to appoint an authorised Tax Representative to manage tax administration activities on their behalf. A Tax Representative, whether an individual or organisation, can access and manage tax related functions through OTB. This feature provides taxpayers with the flexibility to obtain professional assistance while ensuring efficiently compliance obligations.
How PwC Can Help
PwC's tax service offerings include advisory, consulting, and compliance services across The Bahamas' tax landscape, including:
- Value Added Tax, Business Licence Tax
- Stamp Tax, Real Property Tax
- Hotel and casino taxes
- Customs duties
- Domestic Minimum Top-up Tax.
PwC can also serve as an authorised Tax Representative within OTB, supporting you with tax administration, filings, correspondence with tax authorities, and ongoing compliance obligations where authorised to do so.
Get in Touch
Our team is available to support your needs. For more information, please contact our tax department below.
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