BZ · AmericasBN · Asia

Belize vs Brunei: tax rates compared

Belize's income tax rate is 25pp higher than Brunei's (25% vs 0%). The 200-country average is 28%: both sit below it. Belize's figure is dated 2025-01-01 and Brunei's 2026-01-22, so the two rates come from different data vintages.

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

0102030405060Income0%25%Corporate0%18.5%VAT0%12.5%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax BZ BNDifference
Income Tax25%0%BZ +25 pplargest gap
Corporate Tax0%18.5%BN +18.5 pp
VAT12.5%0%BZ +12.5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Individual, Taxes on personal income) · as of 2026-01-22
Difference+25 ppBelize higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Brunei18.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−18.5 ppBrunei higher

Brunei's corporate tax rate is 18.5pp higher than Belize's (18.5% vs 0%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Belize12.5%Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Corporate, Other taxes) · as of 2026-01-22
Difference+12.5 ppBelize higher

Belize's VAT rate is 12.5pp higher than Brunei's (12.5% vs 0%). The 181-country average is 15%: both sit below it. Belize's figure is dated 2011-12-31 and Brunei's 2026-01-22, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Individual, Income determination) · as of 2026-01-22
Difference0 ppdisplayed rates match

Belize's capital gains tax rate is identical to Brunei's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Brunei's 2026-01-22, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Net wealth/worth tax rates) · as of 2026-01-22
Difference0 ppdisplayed rates match

Belize's wealth tax rate is identical to Brunei's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.