AR · AmericasPA · Americas
Argentina vs Panama: tax rates compared
Argentina's income tax rate is 10pp higher than Panama's (35% vs 25%). The 200-country average is 28%: Argentina sits above it, Panama sits 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 | AR | PA | Difference |
|---|---|---|---|
| Income Tax | 35% | 25% | AR +10 pp |
| Corporate Tax | 35% | 25% | AR +10 pp |
| VAT | 21% | 7% | AR +14 pplargest gap |
| Capital Gains Tax | 0% | 10% | PA +10 pp |
| Wealth Tax | 1% | 0% | AR +1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16 |
| Panama | 25% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18 |
| Difference | +10 pp | Argentina higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | 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 | Argentina higher |
Argentina's corporate tax rate is 10pp higher than Panama's (35% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Argentina | 21% | Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16 |
| Panama | 7% | Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18 |
| Difference | +14 pp | Argentina higher |
Argentina's VAT rate is 14pp higher than Panama's (21% vs 7%). The 181-country average is 15%: Argentina sits above it, Panama sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 0% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16 |
| Panama | 10% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | −10 pp | Panama higher |
Panama's capital gains tax rate is 10pp higher than Argentina's (10% vs 0%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 1% | Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01 |
| Panama | 0% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | +1 pp | Argentina higher |
Argentina's wealth tax rate is 1pp higher than Panama's (1% vs 0%). The 193-country average is 0.1%: Argentina sits above it, Panama sits below it. Argentina's figure is dated 2025-01-01 and Panama's 2026-01-18, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.