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Finland vs Belize
Tax Rate Comparison

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

🇫🇮 Finland
vs
🇧🇿 Belize
Tax Year:

💰 Personal Income Tax Calculator

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

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
~44–51.4%
Consolidation budget; high rates maintained
No change
0–25%
25% top; fiscal diversification from oil
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10–25.5%
25.5% standard (raised 2024) maintained
No change
12.5%
GST 12.5% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
20%
20% stable; R&D deduction enhanced
No change
1.75–19%
Business tax system; Pillar Two reform discussions
No change

Capital Gains Tax

Capital Gains Tax
30–34%
CGT rates unchanged
No change
0%
No CGT
No change

Social Security & Payroll

Social Security / Payroll
~36%
Austerity measures affecting some social contributions
No change
~8%
SSB reform; social protection expanding
No change
State, Regional & Local Taxes

🇫🇮 FinlandMunicipal Income Tax

Finland's 309 municipalities set their own income tax rates (municipal tax) ranging from ~16.5% to ~22.5%, averaging ~20%. This is added to the national progressive income tax. The church tax of 1%–2.2% applies to members. No regional income tax. The 'solidarity tax' on high earners (2%) applies nationally. Municipalities also levy real estate tax on property owners. The welfare state is heavily funded by these high combined tax rates.

🇧🇿 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.

⚠️ 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.

Finland vs Belize: Key Tax Differences (2026)

💰 Income Tax: 🇫🇮 Finland has a higher top income tax rate (~44–51.4% vs 0–25%). 🇧🇿 Belize is more favourable for high earners.

🛒 VAT/Sales Tax: Finland has a higher consumption tax (10–25.5% vs 12.5%).

🏢 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 34%), benefiting investors.

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