KZ · AsiaPA · Americas
Kazakhstan vs Panama: tax rates compared
Panama has an income tax rate of 25%, 10pp above Kazakhstan's 15%. The 200-country average is 28%: both sit 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 | KZ | PA | Difference |
|---|---|---|---|
| Income Tax | 15% | 25% | PA +10 pplargest gap |
| Corporate Tax | 20% | 25% | PA +5 pp |
| VAT | 16% | 7% | KZ +9 pp |
| Capital Gains Tax | 15% | 10% | KZ +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Kazakhstan | 15% | Source: PWC Worldwide Tax Summaries — Kazakhstan (Individual, Taxes on personal income) · as of 2026-02-02 |
| Panama | 25% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18 |
| Difference | −10 pp | Panama higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Kazakhstan | 20% | 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 | −5 pp | Panama higher |
Panama has a corporate tax rate of 25%, 5pp above Kazakhstan's 20%. The 201-country average is 22.6%: Kazakhstan sits below it, Panama sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Kazakhstan | 16% | Source: PWC Worldwide Tax Summaries — Kazakhstan (Corporate, Other taxes) · as of 2026-04-03 |
| Panama | 7% | Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18 |
| Difference | +9 pp | Kazakhstan higher |
Kazakhstan has a VAT rate of 16%, 9pp above Panama's 7%. The 181-country average is 15%: Kazakhstan sits above it, Panama sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Kazakhstan | 15% | Source: PWC Worldwide Tax Summaries — Kazakhstan (Individual, Income determination) · as of 2026-07-23 |
| Panama | 10% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | +5 pp | Kazakhstan higher |
Kazakhstan has a capital gains tax rate of 15%, 5pp above Panama's 10%. The 175-country average is 10.3%: Kazakhstan sits above it, Panama sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Kazakhstan | 0% | Source: PWC Worldwide Tax Summaries — Kazakhstan (Individual, Other taxes) · as of 2026-02-02 |
| Panama | 0% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | 0 pp | displayed rates match |
Kazakhstan 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.