FACTOID # 3: People in Germany, Belgium, Hungary and Sweden have to pay almost half their salaries in tax.
 
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Central America and the Caribbean > Panama > Taxation

PANAMANIAN TAXATION STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Net taxes on products > current US$ 1,309,436,000 $ ... [67th of 159]
Other taxes > % of revenue 3.54 % ... [31st of 91]
Other taxes > current LCU 107700000 ...
Social contributions > % of revenue 19.56 % ... [29th of 78]
Social contributions > current LCU 594860000 ...
Tax payments > number 59 ... [27th of 171]
Tax rates > % of managers surveyed ranking this as a major business constraint 14.57 % ... [9th of 39]
Tax revenue > % of GDP 9.26 % ... [79th of 98]
Tax revenue > current LCU 1093390000 ...
Taxes on exports > % of tax revenue 0.02 % ... [13th of 36]
Taxes on exports > current LCU 40000 ...
Taxes on goods and services > % of revenue 8.91 % ... [83rd of 98]
Taxes on goods and services > % value added of industry and services 2.64 % ... [79th of 89]
Taxes on goods and services > current LCU 270820000 ...
Taxes on income, profits and capital gains > % of revenue 14.93 % ... [59th of 98]
Taxes on income, profits and capital gains > % of total taxes 41.53 % ... [31st of 98]
Taxes on income, profits and capital gains > current LCU 454130000 ...
Taxes on international trade > % of revenue 8.57 % ... [31st of 86]
Taxes on international trade > current LCU 260740000 ...
Total tax rate > % of profit 52.4 % ... [55th of 171]

... View all Taxation stats

SOURCES: World Development Indicators database

ALTERNATIVE NAMES: Panama, Republic of Panama, Republica de Panama

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