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Greece vs Bermuda Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Greece44%
Bermuda0%Lower
Corporate Tax
Greece22%
Bermuda15%Lower
Capital Gains
Greece15%
Bermuda0%Lower
VAT / Sales Tax
Greece24%
Bermuda0%Lower
| Category | Greece | Bermuda |
|---|---|---|
| Tax System | Progressive | No income tax (CIT being introduced for large MNEs) |
| Top Income Tax | 44% | 0% |
| Corporate Tax | 22% | 15% |
| Capital Gains | 15% | 0% |
| VAT / Sales Tax | 24% | 0% |
| Crypto Tax | Yes | No |
| Wealth Tax | No | No |
| Tax Treaties | 57 | 1 |
| Currency | EUR | BMD |
The bottom line: Greece vs Bermuda
Bermuda has the lower headline rate on 4 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Greece runs a progressive tax system, while Bermuda uses a no income tax (cit being introduced for large mnes) one. On crypto, Bermuda is the more favourable — it does not tax cryptocurrency gains. Greece has the wider tax-treaty network (57 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Bermuda is lower (44% vs 0%)
- Corporate tax: Bermuda is lower (22% vs 15%)
- Capital gains tax: Bermuda is lower (15% vs 0%)
- VAT / sales tax: Bermuda is lower (24% vs 0%)