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Panama vs Paraguay
Side-by-side tax comparison for 2026
🇵🇦
Panama
South America
Territorial
🇵🇾
Paraguay
South America
Territorial
Scores
Personal Tax Score88
Business Tax Score78
Scores
Personal Tax Score85
Business Tax Score82
| Category | Panama | Paraguay |
|---|---|---|
| Top Personal Tax Rate | 25% | 10% |
| Corporate Tax Rate | 25% | 10% |
| Capital Gains Tax | 10%% | 10% |
| Foreign Income | Territorial | Territorial |
| Residency Days | 183 | 120 |
| Wealth Tax | ||
| Inheritance Tax | ||
| VAT/GST | 7% | 10% |
| Withholding (Dividends) | 10% | 5% |
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