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Central African Republic vs Panama: tax rates compared

Between the two, Central African Republic's income tax rate (40%) tops Panama's (25%) by 15pp. The 200-country average is 28%: Central African Republic sits above it, Panama sits below it. Central African Republic's figure is dated 2023-01-01 and Panama's 2026-01-18, 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

0102030405060Income25%40%Corporate25%30%VAT7%19%Capital Gains10%40%
four shared taxes, side by side
Tax CF PADifference
Income Tax40%25%CF +15 pp
Corporate Tax30%25%CF +5 pp
VAT19%7%CF +12 pp
Capital Gains Tax40%10%CF +30 pplargest gap

Income Tax

Income Tax, side by side
CountryRateSource
Central African Republic40%Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Article 86) · as of 2023-01-01
Panama25%Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18
Difference+15 ppCentral African Republic higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Central African Republic30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Panama25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppCentral African Republic higher

Between the two, Central African Republic's corporate tax rate (30%) tops Panama's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Central African Republic19%Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Article 257) · as of 2019-01-01
Panama7%Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18
Difference+12 ppCentral African Republic higher

Between the two, Central African Republic's VAT rate (19%) tops Panama's (7%) by 12pp. The 181-country average is 15%: Central African Republic sits above it, Panama sits below it. Central African Republic's figure is dated 2019-01-01 and Panama's 2026-01-18, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Central African Republic40%Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Articles 55, 86) · as of 2023-01-01
Panama10%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference+30 ppCentral African Republic higher

Between the two, Central African Republic's capital gains tax rate (40%) tops Panama's (10%) by 30pp. The 175-country average is 10.3%: Central African Republic sits above it, Panama sits below it. Central African Republic's figure is dated 2023-01-01 and Panama's 2026-01-18, so the two rates come from different data vintages.

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