FR · EuropePA · Americas
France vs Panama: tax rates compared
France's income tax rate is 30.4pp higher than Panama's (55.4% vs 25%). The 200-country average is 28%: France sits above it, Panama sits below it. France's figure is dated 2025-01-01 and Panama's 2026-01-18, 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
| Tax | FR | PA | Difference |
|---|---|---|---|
| Income Tax | 55.4% | 25% | FR +30.4 pplargest gap |
| Corporate Tax | 36.1% | 25% | FR +11.1 pp |
| VAT | 20% | 7% | FR +13 pp |
| Capital Gains Tax | 31.4% | 10% | FR +21.4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| France | 55.4% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Panama | 25% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18 |
| Difference | +30.4 pp | France higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| France | 36.1% | 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 | +11.1 pp | France higher |
France's corporate tax rate is 11.1pp higher than Panama's (36.1% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| France | 20% | Source: PWC Worldwide Tax Summaries — France (Corporate, Other taxes) · as of 2026-04-24 |
| Panama | 7% | Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18 |
| Difference | +13 pp | France higher |
France's VAT rate is 13pp higher than Panama's (20% vs 7%). The 181-country average is 15%: France sits above it, Panama sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| France | 31.4% | Source: PwC Worldwide Tax Summaries — France, Individual - Other taxes · as of 2025-01-01 |
| Panama | 10% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | +21.4 pp | France higher |
France's capital gains tax rate is 21.4pp higher than Panama's (31.4% vs 10%). The 175-country average is 10.3%: France sits above it, Panama sits below it. France's figure is dated 2025-01-01 and Panama's 2026-01-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| France | 0% | Source: Service-Public.fr — Impôt sur la fortune immobilière (IFI) · as of 2025-01-01 |
| Panama | 0% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | 0 pp | displayed rates match |
France's wealth tax rate is identical to Panama's — both sit at 0%. The 193-country average is 0.1%: both sit below it. France's figure is dated 2025-01-01 and Panama's 2026-01-18, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.