Tax rates in Panama

Government Finance Government Revenue Tax Revenue

Other Taxes	0.32 % in 2021	WB
Tax on Exports	0 % in 2018	WB
Tax on Goods and Services	687,623,713.05 Domestic Currency in 4th quarter 2017	IMF + 1 other
Tax on Income, Profits and Capital Gains	400,072,319.5 Domestic Currency in 4th quarter 2017	IMF + 1 other
Taxes on International Trade	3.79 % in 2021	WB

Government Finance Government Revenue Tax Revenue Tax Rates (% in 2021)

Corporate Tax	25	KPMG
Individual Income Tax	25	KPMG
Indirect Tax Rate	7	KPMG

Tax Revenue

Tax Rates

Corporate Tax Indirect Tax Rate Individual Income Tax

Other Taxes Share of total taxes Tax on Exports Tax on Goods and Services Tax on Income, Profits and Capital Gains Taxes on International Trade

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Tax rates in Panama

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