BZ · AmericasGT · Americas

Belize vs Guatemala: tax rates compared

Between the two, Belize's income tax rate (25%) tops Guatemala's (7%) by 18pp. The 200-country average is 28%: both sit below it. Belize's figure is dated 2025-01-01 and Guatemala's 2026-06-09, 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

0102030405060Income7%25%Corporate0%25%VAT12%12.5%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax BZ GTDifference
Income Tax25%7%BZ +18 pp
Corporate Tax0%25%GT +25 pplargest gap
VAT12.5%12%BZ +0.5 pp
Capital Gains Tax0%10%GT +10 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
Guatemala7%Source: PwC Worldwide Tax Summaries — Guatemala, Individual - Taxes on personal income · as of 2026-06-09
Difference+18 ppBelize higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Guatemala25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−25 ppGuatemala higher

Between the two, Guatemala's corporate tax rate (25%) tops Belize's (0%) by 25pp. The 201-country average is 22.6%: Belize sits below it, Guatemala 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
Guatemala12%Source: PWC Worldwide Tax Summaries — Guatemala (Corporate, Other taxes) · as of 2026-06-09
Difference+0.5 ppBelize higher

Between the two, Belize's VAT rate (12.5%) tops Guatemala's (12%) by 0.5pp. The 181-country average is 15%: both sit below it. Belize's figure is dated 2011-12-31 and Guatemala's 2026-06-09, 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
Guatemala10%Source: PWC Worldwide Tax Summaries — Guatemala (Individual, Income determination) · as of 2026-06-09
Difference−10 ppGuatemala higher

Between the two, Guatemala's capital gains tax rate (10%) tops Belize's (0%) by 10pp. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Guatemala's 2026-06-09, 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
Guatemala0%Source: PWC Worldwide Tax Summaries — Guatemala (Individual, Other taxes) · as of 2026-06-09
Difference0 ppdisplayed rates match

There's no gap here — Belize and Guatemala 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.