PA · Americas ↔ TW · Asia

Panama vs Taiwan: tax rates compared

Between the two, Panama's corporate tax rate (25%) tops Taiwan's (20%) by 5pp. The 201-country average is 22.6%: Panama sits above it, Taiwan sits below 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%PA 25%TW 20%
Corporate Tax, side by side
CountryRateSource
Panama25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Taiwan20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppPanama higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%PA 0%TW 0%
Wealth Tax, side by side
CountryRateSource
Panama0%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

There's no gap here — Panama and Taiwan 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: Income Tax, VAT, Capital Gains Tax, Crypto Tax.