PA · Americas ↔ UY · Americas

Panama vs Uruguay: tax rates compared

Panama's corporate tax rate is identical to Uruguay's — both sit at 25%. The 201-country average is 22.6%: both sit 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%PA 25%UY 25%
Corporate Tax, side by side
CountryRateSource
Panama25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uruguay25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Wealth Tax

0102030405060World avg 0.1%PA 0%UY 0.1%
Wealth Tax, side by side
CountryRateSource
Panama0%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Uruguay0.1%Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01
Difference−0.1 ppUruguay higherlargest gap on this page

Uruguay's wealth tax rate is 0.1pp higher than Panama's (0.1% vs 0%). The 193-country average is 0.1%: Panama sits below it, Uruguay matches the world average. Panama's figure is dated 2026-01-18 and Uruguay's 2025-01-01, so the two rates come from different data vintages.

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