Panama Income Tax Calculator
Americas⚠ Estimated rates
Panama uses a progressive income tax system with a top rate of 25%.
B/.
Compare against other countries
1/5 added2026 tax brackets
| Taxable income | Rate |
|---|---|
| B/.0 – B/.11,000 | 5.5% |
| B/.11,000 – B/.44,000 | 10.5% |
| B/.44,000 – B/.95,000 | 15.5% |
| B/.95,000 – B/.182,000 | 20.5% |
| B/.182,000 – B/.231,000 | 25% |
| B/.231,000 – ∞ | 25% |