PA · AmericasSD · Africa

Panama vs Sudan: tax rates compared

Panama has an income tax rate of 25%, 10pp above Sudan's 15%. The 200-country average is 28%: both sit below it. Panama's figure is dated 2026-01-18 and Sudan's 2007-01-01, so the two rates come from different data vintages.

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

0102030405060Income15%25%Corporate25%35%VAT7%17%Wealth Tax0%
four shared taxes, side by side
Tax PA SDDifference
Income Tax25%15%PA +10 pplargest gap
Corporate Tax25%35%SD +10 pp
VAT7%17%SD +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Panama25%Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18
Sudan15%Source: Sudan Taxation Chamber — Income Tax Act, 1986, Schedule III, Sector (B): Rates of Personal Income Tax (as amended by Act No. 25, 2007) · as of 2007-01-01
Difference+10 ppPanama higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Panama25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sudan35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppSudan higher

Sudan has a corporate tax rate of 35%, 10pp above Panama's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Panama7%Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18
Sudan17%Source: Sudan Taxation Chamber · as of 2026-03-28
Difference−10 ppSudan higher

Sudan has a VAT rate of 17%, 10pp above Panama's 7%. The 181-country average is 15%: Panama sits below it, Sudan sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Panama0%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Sudan0%Source: Sudan Taxation Chamber · as of 2026-07-18
Difference0 ppdisplayed rates match

Panama and Sudan share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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