Bolivia vs Panama: tax rates compared

Income Tax

Income Tax, side by side

Country	Rate	Source
Bolivia	13%	Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Taxes on personal income) · as of 2026-03-26
Panama	25%	Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18
Difference	−12 pp	Panama higher

Corporate Tax

Corporate Tax, side by side

Country	Rate	Source
Bolivia	25%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Panama	25%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference	0 pp	displayed rates match

Bolivia and Panama share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side

Country	Rate	Source
Bolivia	13%	Source: PWC Worldwide Tax Summaries — Bolivia (Corporate, Other taxes) · as of 2026-03-26
Panama	7%	Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18
Difference	+6 pp	Bolivia higher

Bolivia has a VAT rate of 13%, 6pp above Panama's 7%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side

Country	Rate	Source
Bolivia	0%	Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Income determination) · as of 2026-03-26
Panama	10%	Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference	−10 pp	Panama higher

Panama has a capital gains tax rate of 10%, 10pp above Bolivia's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side

Country	Rate	Source
Bolivia	2.4%	Source: PWC Worldwide Tax Summaries — Bolivia (Individual, Other taxes) · as of 2026-03-26
Panama	0%	Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference	+2.4 pp	Bolivia higher

Bolivia has a wealth tax rate of 2.4%, 2.4pp above Panama's 0%. The 193-country average is 0.1%: Bolivia sits above it, Panama sits below it.