BZ · AmericasTZ · Africa

Belize vs Tanzania: tax rates compared

Tanzania's income tax rate is 5pp higher than Belize's (30% vs 25%). The 200-country average is 28%: Belize sits below it, Tanzania sits above it. Belize's figure is dated 2025-01-01 and Tanzania's 2026-01-14, 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

0102030405060Income25%30%Corporate0%30%VAT12.5%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax BZ TZDifference
Income Tax25%30%TZ +5 pp
Corporate Tax0%30%TZ +30 pplargest gap
VAT12.5%18%TZ +5.5 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
Tanzania30%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Taxes on personal income) · as of 2026-01-14
Difference−5 ppTanzania higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Tanzania30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−30 ppTanzania higher

Tanzania's corporate tax rate is 30pp higher than Belize's (30% vs 0%). The 201-country average is 22.6%: Belize sits below it, Tanzania 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
Tanzania18%Source: PWC Worldwide Tax Summaries — Tanzania (Corporate, Other taxes) · as of 2026-01-14
Difference−5.5 ppTanzania higher

Tanzania's VAT rate is 5.5pp higher than Belize's (18% vs 12.5%). The 181-country average is 15%: Belize sits below it, Tanzania sits above it. Belize's figure is dated 2011-12-31 and Tanzania's 2026-01-14, 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
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Income determination) · as of 2026-01-14
Difference0 ppdisplayed rates match

Belize's capital gains tax rate is identical to Tanzania'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 Tanzania's 2026-01-14, 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
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.