BZ · AmericasDM · Americas
Belize vs Dominica: tax rates compared
Between the two, Dominica's income tax rate (35%) tops Belize's (25%) by 10pp. The 200-country average is 28%: Belize sits below it, Dominica sits above it. Belize's figure is dated 2025-01-01 and Dominica's 2018-01-01, 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
| Tax | BZ | DM | Difference |
|---|---|---|---|
| Income Tax | 25% | 35% | DM +10 pp |
| Corporate Tax | 0% | 25% | DM +25 pplargest gap |
| VAT | 12.5% | 15% | DM +2.5 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 25% | Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01 |
| Dominica | 35% | Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01 |
| Difference | −10 pp | Dominica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Dominica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −25 pp | Dominica higher |
Between the two, Dominica's corporate tax rate (25%) tops Belize's (0%) by 25pp. The 201-country average is 22.6%: Belize sits below it, Dominica sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belize | 12.5% | Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31 |
| Dominica | 15% | Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01 |
| Difference | −2.5 pp | Dominica higher |
Between the two, Dominica's VAT rate (15%) tops Belize's (12.5%) by 2.5pp. The 181-country average is 15%: Belize sits below it, Dominica matches the world average. Belize's figure is dated 2011-12-31 and Dominica's 2006-03-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31 |
| Dominica | 0% | Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax / Current Income Tax Rates · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belize and Dominica both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Dominica's 2026-07-19, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18 |
| Dominica | 0% | Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Belize and Dominica both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.