The Corporate Tax Rate in Panama stands at 25 percent. Corporate Tax Rate in Panama averaged 28.65 percent from 1997 until 2026, reaching an all time high of 37.00 percent in 1998 and a record low of 25.00 percent in 2011. source: General Directorate of Revenues, Panama

Corporate Tax Rate in Panama is expected to reach 25.00 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Corporate Tax Rate is projected to trend around 25.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 25.00 25.00 percent Dec 2026
Personal Income Tax Rate 25.00 25.00 percent Dec 2026
Sales Tax Rate 7.00 7.00 percent Dec 2026
Social Security Rate 22.00 22.00 percent Dec 2026
Social Security Rate For Companies 12.25 12.25 percent Dec 2026
Social Security Rate For Employees 9.75 9.75 percent Dec 2026
Withholding Tax Rate 12.50 12.50 percent Dec 2025


Panama Corporate Tax Rate
In Panama, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Panama.
Actual Previous Highest Lowest Dates Unit Frequency
25.00 25.00 37.00 25.00 1997 - 2026 percent Yearly