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Belize vs Palau: tax rates compared

Belize has an income tax rate of 25%, 13pp above Palau's 12%. The 200-country average is 28%: both sit below it. Belize's figure is dated 2025-01-01 and Palau's 2026-07-20, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income12%25%VAT10%12.5%Capital Gains0%Wealth Tax0%
four shared taxes, side by side
Tax BZ PWDifference
Income Tax25%12%BZ +13 pplargest gap
VAT12.5%10%BZ +2.5 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
Palau12%Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20
Difference+13 ppBelize higher

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
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Difference+2.5 ppBelize higher

Belize has a VAT rate of 12.5%, 2.5pp above Palau's 10%. The 181-country average is 15%: both sit below it. Belize's figure is dated 2011-12-31 and Palau's 2023-01-01, 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
Palau0%Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19
Difference0 ppdisplayed rates match

Belize and Palau share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Palau's 2026-07-19, 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
Palau0%Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18
Difference0 ppdisplayed rates match

Belize and Palau share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Corporate Tax, Crypto Tax.