Lithuania vs Belize
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇱🇹 Lithuania — Municipal Income Tax Supplement
Lithuania's 60 municipalities levy a local supplement on income tax — 68% of PIT revenue goes to municipalities, creating strong local fiscal capacity. Property tax (nekilnojamojo turto mokestis) is set at 0.5%–3% by municipalities on commercial property and at 0.5%–2% on residential property above €150K value. Vehicle registration tax is national. Lithuania switched to a progressive income tax in 2019, having previously had a flat 15% rate.
🇧🇿 Belize — 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 — 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.
Lithuania vs Belize: Key Tax Differences (2026)
💰 Income Tax: 🇱🇹 Lithuania has a higher top income tax rate (20–32% vs 0–25%). 🇧🇿 Belize is more favourable for high earners.
🛒 VAT/Sales Tax: Lithuania has a higher consumption tax (9–21% vs 12.5%).
🏢 Corporate Tax: 🇱🇹 Lithuania offers a lower corporate rate (15% vs 19%), which can influence business location decisions.
📈 Capital Gains: 🇧🇿 Belize taxes investment gains at a lower rate (0% vs 20%), benefiting investors.