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Belize vs Bhutan
Tax Rate Comparison

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

๐Ÿ‡ง๐Ÿ‡ฟ Belize
vs
๐Ÿ‡ง๐Ÿ‡น Bhutan
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0โ€“25%
25% top; fiscal diversification from oil
No change
0โ€“25%
25% top; crypto mining revenues adding to national income
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
12.5%
GST 12.5% maintained
No change
0%
No VAT; GST consideration ongoing
No change
Corporate Tax Rate
Corporate Tax Rate
1.75โ€“19%
Business tax system; Pillar Two reform discussions
No change
30%
30% CIT; digital economy and hydropower growing
No change
Capital Gains Tax
Capital Gains Tax
0%
No CGT
No change
0%
No CGT
No change
Social Security & Payroll
Social Security / Payroll
~8%
SSB reform; social protection expanding
No change
~10%
NPPF; pension adequacy improving
No change
State, Regional & Local Taxes

๐Ÿ‡ง๐Ÿ‡ฟ Belize โ€” Municipal & 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 โ€” a turnover-based tax (1.75%โ€“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.

๐Ÿ‡ง๐Ÿ‡น Bhutan โ€” Dzongkhag & Thromde Taxes

Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.

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

Belize vs Bhutan: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: Belize and Bhutan have similar top income tax rates (0โ€“25% vs 0โ€“25%).

๐Ÿ›’ VAT/Sales Tax: Belize has a higher consumption tax (12.5% vs 0%).

๐Ÿข Corporate Tax: ๐Ÿ‡ง๐Ÿ‡ฟ Belize offers a lower corporate rate (19% vs 30%), which can influence business location decisions.

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