Liberia or Panama: which taxes less?

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

Level pegging: Liberia and Panama weigh about the same on the taxpayer.

Tax Liberia Panama Gap
Corporate income tax headline rate 25% 0% to 25% Same rate
Personal income tax top bracket 0% to 25% 0% to 25% Same rate
VAT standard rate 7% 7% Same rate
See the Liberia page See the Panama page