Costa Rica or Panama: which taxes less?

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

Lighter: Panama, ahead by 0.8 FiScore point.

Tax Costa Rica Panama Gap
Corporate income tax headline rate 30% 0% to 25% +5.0 points
Personal income tax top bracket 0% to 25% 0% to 25% Same rate
VAT standard rate 13% 7% +6.0 points

Detailed schedules

Corporate income tax

Costa Rica

General rate 30%
Small businesses, first bracket revenue under 119 M CRC 5%
Small businesses, next brackets progressive scale 5 to 20% 20%

Panama

n/a

See the Costa Rica page See the Panama page