Americas
Currency
USD
Corporate Tax
25%
Personal Income Tax
25%
VAT / GST
7%
Standard 25%; small companies 0.67% of turnover.
Top rate 25% above USD 11k/month; 0-25% scale.
Standard 7% (ITBMS); 0% exports.
Dividends
5%
Interest
15%
Royalties
15%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
CSS ~25% (employer ~17% + employee ~8%).
Capital Gains Tax
0% exempt shares / 10% on property gains
Inheritance / Estate Tax
0%
Capital (Net Worth) Tax
0%
Property Tax
Property tax ~0.6–2.5%
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
1 January – 31 December
Notes
Colon Free Zone and Panama Pacifico SEZ. Logistics and maritime domicile.
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