BZ · AmericasZW · Africa
Belize vs Zimbabwe: tax rates compared
Zimbabwe's income tax rate is 15pp higher than Belize's (40% vs 25%). The 200-country average is 28%: Belize sits below it, Zimbabwe sits above 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
| Tax | BZ | ZW | Difference |
|---|---|---|---|
| Income Tax | 25% | 40% | ZW +15 pp |
| Corporate Tax | 0% | 25.8% | ZW +25.8 pplargest gap |
| VAT | 12.5% | 15.5% | ZW +3 pp |
| Capital Gains Tax | 0% | 1% | ZW +1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 25% | Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01 |
| Zimbabwe | 40% | Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01 |
| Difference | −15 pp | Zimbabwe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Zimbabwe | 25.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −25.8 pp | Zimbabwe higher |
Zimbabwe's corporate tax rate is 25.8pp higher than Belize's (25.8% vs 0%). The 201-country average is 22.6%: Belize sits below it, Zimbabwe sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belize | 12.5% | Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31 |
| Zimbabwe | 15.5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01 |
| Difference | −3 pp | Zimbabwe higher |
Zimbabwe's VAT rate is 3pp higher than Belize's (15.5% vs 12.5%). The 181-country average is 15%: Belize sits below it, Zimbabwe sits above it. Belize's figure is dated 2011-12-31 and Zimbabwe's 2026-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31 |
| Zimbabwe | 1% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01 |
| Difference | −1 pp | Zimbabwe higher |
Zimbabwe's capital gains tax rate is 1pp higher than Belize's (1% vs 0%). The 175-country average is 10.3%: both sit below it. Belize's figure is dated 2020-12-31 and Zimbabwe's 2025-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18 |
| Zimbabwe | 0% | Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Belize's wealth tax rate is identical to Zimbabwe's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.