ML · AfricaPA · Americas
Mali vs Panama: tax rates compared
Mali's income tax rate is 12pp higher than Panama's (37% vs 25%). The 200-country average is 28%: Mali sits above it, Panama sits below it. Mali's figure is dated 2015-07-01 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 | ML | PA | Difference |
|---|---|---|---|
| Income Tax | 37% | 25% | ML +12 pplargest gap |
| Corporate Tax | 30% | 25% | ML +5 pp |
| VAT | 18% | 7% | ML +11 pp |
| Capital Gains Tax | 7% | 10% | PA +3 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mali | 37% | Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01 |
| Panama | 25% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18 |
| Difference | +12 pp | Mali higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mali | 30% | 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 | Mali higher |
Mali's corporate tax rate is 5pp higher than Panama's (30% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mali | 18% | Source: Direction Générale des Impôts du Mali — "C'est quoi la TVA" (La Taxe sur la Valeur Ajoutée N°1) · as of 2020-04-01 |
| Panama | 7% | Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18 |
| Difference | +11 pp | Mali higher |
Mali's VAT rate is 11pp higher than Panama's (18% vs 7%). The 181-country average is 15%: Mali sits above it, Panama sits below it. Mali's figure is dated 2020-04-01 and Panama's 2026-01-18, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Mali | 7% | Source: Direction Générale des Impôts du Mali — Code Général des Impôts, Article 129 · as of 2017-01-01 |
| Panama | 10% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | −3 pp | Panama higher |
Panama's capital gains tax rate is 3pp higher than Mali's (10% vs 7%). The 175-country average is 10.3%: both sit below it. Mali's figure is dated 2017-01-01 and Panama's 2026-01-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Mali | 0% | Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18 |
| Panama | 0% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Difference | 0 pp | displayed rates match |
Mali's wealth tax rate is identical to Panama's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.