NL · EuropePA · Americas

Netherlands vs Panama: tax rates compared

Between the two, Netherlands's income tax rate (49.5%) tops Panama's (25%) by 24.5pp. The 200-country average is 28%: Netherlands sits above it, Panama sits below it. Netherlands's figure is dated 2025-01-01 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

0102030405060Income25%49.5%Corporate25%25.8%VAT7%21%Capital Gains10%36%Wealth Tax0%
five shared taxes, side by side
Tax NL PADifference
Income Tax49.5%25%NL +24.5 pp
Corporate Tax25.8%25%NL +0.8 pp
VAT21%7%NL +14 pp
Capital Gains Tax36%10%NL +26 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Netherlands49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Panama25%Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18
Difference+24.5 ppNetherlands higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Netherlands25.8%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
Difference+0.8 ppNetherlands higher

Between the two, Netherlands's corporate tax rate (25.8%) tops Panama's (25%) by 0.8pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Netherlands21%Source: PWC Worldwide Tax Summaries — Netherlands (Corporate, Other taxes) · as of 2026-05-29
Panama7%Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18
Difference+14 ppNetherlands higher

Between the two, Netherlands's VAT rate (21%) tops Panama's (7%) by 14pp. The 181-country average is 15%: Netherlands sits above it, Panama sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Netherlands36%Source: PwC Worldwide Tax Summaries — Netherlands (Individual, Income determination) · as of 2026-05-29
Panama10%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference+26 ppNetherlands higher

Between the two, Netherlands's capital gains tax rate (36%) tops Panama's (10%) by 26pp. The 175-country average is 10.3%: Netherlands sits above it, Panama sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Netherlands0%Source: Belastingdienst — Box 3 (income from savings and investments) · as of 2025-01-01
Panama0%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference0 ppdisplayed rates match

There's no gap here — Netherlands and Panama both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Netherlands's figure is dated 2025-01-01 and Panama's 2026-01-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.