North America Business Tax Rates (2026)
The United States, Canada, Mexico, Central America and the Caribbean, including several zero-tax offshore hubs.
Countries covered
10
Average corporate rate
18.4%
Lowest / highest
0% / 30%
Bahamas / Costa Rica
| Country | Corporate tax | Top income tax | VAT / GST | Capital gains |
|---|---|---|---|---|
 Bahamas | 0% | 0% | 10% | 0% |
 Bermuda | 0% | 0% | 0% | 0% |
 Canada | 26.5% | 33% | 5% | 16.5% |
 Cayman Islands | 0% | 0% | 0% | 0% |
 Costa Rica | 30% | 25% | 13% | 15% |
 Dominican Republic | 27% | 25% | 18% | 25% |
 Guatemala | 25% | 7% | 12% | 10% |
 Mexico | 30% | 30% | 16% | 30% |
 Panama | 25% | 25% | 7% | 10% |
 United States | 21% | 37% | 0% | 0% |