Belize or North Macedonia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Belize and North Macedonia weigh about the same on the taxpayer.

Tax Belize North Macedonia Gap
Corporate income tax headline rate 1.75% 10% −8.3 points
Personal income tax top bracket 0% to 25% 10% +15.0 points
VAT standard rate 12.5% 18% −5.5 points

Detailed schedules

Corporate income tax

Belize

Trade and various activities base: gross receipts, not profit 1.75%
Rents and real estate royalties base: gross receipts 3%
Liberal professions base: gross receipts 6%
Corporate income tax, for comparison 25%

North Macedonia

n/a

See the Belize page See the North Macedonia page