Panama: what is the corporate tax rate?

0% to 25%. That is the headline rate, the one ordinary companies pay.

Panama: what is the income tax rate?

0% to 25%. Depending on the country, a flat rate or a progressive scale.

FiScore 5.9 out of 10, ranked 73rd of 217: around the world average.

Panama vs World average Compare another country

Corporate 0% to 25% · Personal 0% to 25% · VAT 7% · USD

FiScore

73rd Light Heavy

Corporate income taxheadline rate

25%

20.8%

+4.2points

Personal income taxtop bracket

25%

17%

+8.0points

VATstandard rate

14%

−7.0points

This page is not written yet. The rates shown come from our official records.