GY · AmericasPA · Americas
Guyana vs Panama: tax rates compared
Guyana has an income tax rate of 35%, 10pp above Panama's 25%. The 200-country average is 28%: Guyana sits above it, Panama sits below 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 | GY | PA | Difference |
|---|---|---|---|
| Income Tax | 35% | 25% | GY +10 pplargest gap |
| Corporate Tax | 25% | 25% | match |
| VAT | 14% | 7% | GY +7 pp |
| Capital Gains Tax | 0% | 10% | PA +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 35% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Taxes on personal income) · as of 2026-06-02 |
| Panama | 25% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18 |
| Difference | +10 pp | Guyana higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 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 |
Guyana and Panama share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Guyana | 14% | Source: PWC Worldwide Tax Summaries — Guyana (Corporate, Other taxes) · as of 2026-06-02 |
| Panama | 7% | Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18 |
| Difference | +7 pp | Guyana higher |
Guyana has a VAT rate of 14%, 7pp above Panama's 7%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 0% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02 |
| 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 Guyana's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Guyana | 0% | Source: PWC Worldwide Tax Summaries — Guyana (Individual, Other taxes) · as of 2026-06-02 |
| Panama | 0% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | 0 pp | displayed rates match |
Guyana and Panama share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.