MK · Europe ↔ PA · Americas

North Macedonia vs Panama: tax rates compared

Panama has a corporate tax rate of 25%, 15pp above North Macedonia's 10%. The 201-country average is 22.6%: North Macedonia sits below it, Panama sits above it.

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

Corporate Tax

0102030405060World avg 22.6%MK 10%PA 25%
Corporate Tax, side by side
CountryRateSource
North Macedonia10%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−15 ppPanama higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%MK 0%PA 0%
Wealth Tax, side by side
CountryRateSource
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Panama0%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference0 ppdisplayed rates match

North Macedonia 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: Income Tax, VAT, Capital Gains Tax, Crypto Tax.