BZ · AmericasDO · Americas

Belize vs Dominican Republic: tax rates compared

There's no gap here — Belize and Dominican Republic both post an income tax rate of 25%. 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

0102030405060Income25%Corporate0%27%VAT12.5%18%Capital Gains0%25%Wealth Tax0%
five shared taxes, side by side
Tax BZ DODifference
Income Tax25%25%match
Corporate Tax0%27%DO +27 pplargest gap
VAT12.5%18%DO +5.5 pp
Capital Gains Tax0%25%DO +25 pp
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
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Dominican Republic27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−27 ppDominican Republic higher

Between the two, Dominican Republic's corporate tax rate (27%) tops Belize's (0%) by 27pp. The 201-country average is 22.6%: Belize sits below it, Dominican Republic sits above 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
Dominican Republic18%Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05
Difference−5.5 ppDominican Republic higher

Between the two, Dominican Republic's VAT rate (18%) tops Belize's (12.5%) by 5.5pp. The 181-country average is 15%: Belize sits below it, Dominican Republic sits above it. Belize's figure is dated 2011-12-31 and Dominican Republic's 2025-12-05, 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
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Difference−25 ppDominican Republic higher

Between the two, Dominican Republic's capital gains tax rate (25%) tops Belize's (0%) by 25pp. The 175-country average is 10.3%: Belize sits below it, Dominican Republic sits above it. Belize's figure is dated 2020-12-31 and Dominican Republic's 2025-12-05, 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
Dominican Republic0%Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05
Difference0 ppdisplayed rates match

There's no gap here — Belize and Dominican Republic both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Belize's figure is dated 2026-07-18 and Dominican Republic's 2025-12-05, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.