BZ · AmericasYE · Asia

Belize vs Yemen: tax rates compared

Belize's income tax rate is 5pp higher than Yemen's (25% vs 20%). The 200-country average is 28%: both sit below it. Belize's figure is dated 2025-01-01 and Yemen's 2011-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income20%25%Corporate0%20%Wealth Tax0%
three shared taxes, side by side
Tax BZ YEDifference
Income Tax25%20%BZ +5 pp
Corporate Tax0%20%YE +20 pplargest gap
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
Yemen20%Source: Yemen Tax Authority — Executive Regulations of Income Tax Law No. 17 of 2010 (Minister of Finance Decision No. 508 of 2010), Articles 76-77 · as of 2011-01-01
Difference+5 ppBelize higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Yemen20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−20 ppYemen higher

Yemen's corporate tax rate is 20pp higher than Belize's (20% vs 0%). The 201-country average is 22.6%: both sit below it.

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
Yemen0%Source: Yemen Tax Authority — About the Tax Authority · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.