AL · EuropePA · Americas
Albania vs Panama: tax rates compared
Panama has an income tax rate of 25%, 2pp above Albania's 23%. The 200-country average is 28%: both sit below it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AL | PA | Difference |
|---|---|---|---|
| Income Tax | 23% | 25% | PA +2 pp |
| Corporate Tax | 15% | 25% | PA +10 pp |
| VAT | 20% | 7% | AL +13 pplargest gap |
| Capital Gains Tax | 15% | 10% | AL +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Albania | 23% | Source: PWC Worldwide Tax Summaries — Albania (Individual, Taxes on personal income) · as of 2026-02-19 |
| Panama | 25% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18 |
| Difference | −2 pp | Panama higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Albania | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Panama | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −10 pp | Panama higher |
Panama has a corporate tax rate of 25%, 10pp above Albania's 15%. The 201-country average is 22.6%: Albania sits below it, Panama sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Albania | 20% | Source: PWC Worldwide Tax Summaries — Albania (Corporate, Other taxes) · as of 2026-02-19 |
| Panama | 7% | Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18 |
| Difference | +13 pp | Albania higher |
Albania has a VAT rate of 20%, 13pp above Panama's 7%. The 181-country average is 15%: Albania sits above it, Panama sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Albania | 15% | Source: PWC Worldwide Tax Summaries — Albania (Individual, Income determination) · as of 2026-02-19 |
| Panama | 10% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | +5 pp | Albania higher |
Albania has a capital gains tax rate of 15%, 5pp above Panama's 10%. The 175-country average is 10.3%: Albania sits above it, Panama sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Albania | 0% | Source: PWC Worldwide Tax Summaries — Albania (Net wealth/worth tax rates) · as of 2026-02-19 |
| Panama | 0% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | 0 pp | displayed rates match |
Albania and Panama share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.