LB · AsiaPA · Americas
Lebanon vs Panama: tax rates compared
Lebanon and Panama share the same income tax rate: 25%. 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 | LB | PA | Difference |
|---|---|---|---|
| Income Tax | 25% | 25% | match |
| Corporate Tax | 17% | 25% | PA +8 pp |
| VAT | 11% | 7% | LB +4 pp |
| Capital Gains Tax | 0% | 10% | PA +10 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Lebanon | 25% | Source: PWC Worldwide Tax Summaries — Lebanon (Individual, Taxes on personal income) · as of 2026-07-01 |
| Panama | 25% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18 |
| Difference | 0 pp | displayed rates match |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Lebanon | 17% | 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 | −8 pp | Panama higher |
Panama has a corporate tax rate of 25%, 8pp above Lebanon's 17%. The 201-country average is 22.6%: Lebanon sits below it, Panama sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Lebanon | 11% | Source: PWC Worldwide Tax Summaries — Lebanon (Corporate, Other taxes) · as of 2026-07-01 |
| Panama | 7% | Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18 |
| Difference | +4 pp | Lebanon higher |
Lebanon has a VAT rate of 11%, 4pp above Panama's 7%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Lebanon | 0% | Source: PWC Worldwide Tax Summaries — Lebanon (Individual, Income determination) · as of 2026-07-01 |
| 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 Lebanon's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Lebanon | 0% | Source: PWC Worldwide Tax Summaries — Lebanon (Individual, Other taxes) · as of 2026-07-01 |
| Panama | 0% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | 0 pp | displayed rates match |
Lebanon 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.