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Panama vs Tunisia: tax rates compared
Tunisia's income tax rate is 15pp higher than Panama's (40% vs 25%). The 200-country average is 28%: Panama sits below it, Tunisia sits above it. Panama's figure is dated 2026-01-18 and Tunisia's 2025-01-01, 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
| Tax | PA | TN | Difference |
|---|---|---|---|
| Income Tax | 25% | 40% | TN +15 pplargest gap |
| Corporate Tax | 25% | 20% | PA +5 pp |
| VAT | 7% | 19% | TN +12 pp |
| Wealth Tax | 0% | 1% | TN +1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Panama | 25% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18 |
| Tunisia | 40% | Source: PWC Worldwide Tax Summaries — Tunisia (Individual, Taxes on personal income) · as of 2025-01-01 |
| Difference | −15 pp | Tunisia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Panama | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Tunisia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Panama higher |
Panama's corporate tax rate is 5pp higher than Tunisia's (25% vs 20%). The 201-country average is 22.6%: Panama sits above it, Tunisia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Panama | 7% | Source: PWC Worldwide Tax Summaries — Panama (Corporate, Other taxes) · as of 2026-01-18 |
| Tunisia | 19% | Source: PWC Worldwide Tax Summaries — Tunisia (Corporate, Other taxes) · as of 2026-06-29 |
| Difference | −12 pp | Tunisia higher |
Tunisia's VAT rate is 12pp higher than Panama's (19% vs 7%). The 181-country average is 15%: Panama sits below it, Tunisia sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Panama | 0% | Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18 |
| Tunisia | 1% | Source: PWC Worldwide Tax Summaries — Tunisia (Individual, Other taxes) · as of 2026-06-29 |
| Difference | −1 pp | Tunisia higher |
Tunisia's wealth tax rate is 1pp higher than Panama's (1% vs 0%). The 193-country average is 0.1%: Panama sits below it, Tunisia sits above it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.