The indirect tax rate in Panama

7 % in 2021

Panama indirect tax rate was at level of 7 % in 2021, unchanged from the previous year.

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The indirect tax rate in Central America and the Caribbean
Dominican Republic 18 % in 2021 KPMG
Barbados 17.5 % in 2021 KPMG
Saint Kitts and Nevis 17 % in 2021 KPMG
Saint Vincent and the Grenadines 16 % in 2021 KPMG
Antigua and Barbuda 15 % in 2021 KPMG
Dominica 15 % in 2021 KPMG
Grenada 15 % in 2021 KPMG
Honduras 15 % in 2021 KPMG
Jamaica 15 % in 2021 KPMG
Nicaragua 15 % in 2021 KPMG
Tax rates in Panama
Corporate Tax 25 % in 2021 KPMG
Individual Income Tax 25 % in 2021 KPMG