MR · AfricaPA · Americas

Mauritania vs Panama: tax rates compared

Between the two, Mauritania's income tax rate (40%) tops Panama's (25%) by 15pp. The 200-country average is 28%: Mauritania sits above it, Panama sits below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income25%40%Corporate25%VAT7%16%Wealth Tax0%
four shared taxes, side by side
Tax MR PADifference
Income Tax40%25%MR +15 pplargest gap
Corporate Tax25%25%match
VAT16%7%MR +9 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mauritania40%Source: PWC Worldwide Tax Summaries — Mauritania (Individual, Taxes on personal income) · as of 2026-03-31
Panama25%Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18
Difference+15 ppMauritania higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mauritania25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Panama25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Mauritania and Panama both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Mauritania16%Source: PWC Worldwide Tax Summaries — Mauritania (Corporate, Other taxes) · as of 2026-03-31
Panama7%Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18
Difference+9 ppMauritania higher

Between the two, Mauritania's VAT rate (16%) tops Panama's (7%) by 9pp. The 181-country average is 15%: Mauritania sits above it, Panama sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mauritania0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-31
Panama0%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference0 ppdisplayed rates match

There's no gap here — Mauritania and Panama both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.