PanamaPanamaTerritorial system. General corporate income tax is 25% on net taxable income.
Corporate Tax
25%
Income Tax
0% - 25%
VAT Rate
7%
Capital Gains Tax
10%
Effective Rate
25%
Income Tax Brackets
- 0 - 11,0000%
- 11,000 - 50,00015%
- 50,000 - ∞25%
Capital Gains
10%
10% on gains from securities and fixed assets.