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Belize vs Azerbaijan
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇧🇿 Belize
vs
🇦🇿 Azerbaijan
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–25%
25% top; fiscal diversification from oil
No change
14–25%
Stable; post-war reconstruction boosting economy
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12.5%
GST 12.5% maintained
No change
18%
18% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
1.75–19%
Business tax system; Pillar Two reform discussions
No change
20%
20%; Karabakh reconstruction zone incentives
No change

Capital Gains Tax

Capital Gains Tax
0%
No CGT
No change
20%
20% via income
No change

Social Security & Payroll

Social Security / Payroll
~8%
SSB reform; social protection expanding
No change
~25%
DSMF structure stable; pension adequacy reform
No change
State, Regional & Local Taxes

🇧🇿 BelizeMunicipal & Town Council Taxes

Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system — a turnover-based tax (1.75%–19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.

🇦🇿 AzerbaijanMunicipal & Local Taxes

Azerbaijan's 67 districts and Baku have limited independent tax powers. The Ministry of Taxes administers all national taxes centrally. Municipalities collect land and property taxes within national frameworks. Oil and gas companies operate under Production Sharing Agreements (PSAs) with the state oil company SOCAR, which have special tax provisions. ASAN (service centres) have modernized tax filing considerably. The Strategic Road Map (2016) targets economic diversification away from oil revenue dependency.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Belize vs Azerbaijan: Key Tax Differences (2026)

💰 Income Tax: Belize and Azerbaijan have similar top income tax rates (0–25% vs 14–25%).

🛒 VAT/Sales Tax: Azerbaijan has a higher consumption tax (12.5% vs 18%).

🏢 Corporate Tax: 🇧🇿 Belize offers a lower corporate rate (19% vs 20%), which can influence business location decisions.

📈 Capital Gains: 🇧🇿 Belize taxes investment gains at a lower rate (0% vs 20%), benefiting investors.

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All 🇧🇿 Belize comparisons →All 🇦🇿 Azerbaijan comparisons →