WorldTax CompareAll Comparisons

Malaysia vs Belize
Tax Rate Comparison

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

🇲🇾 Malaysia
vs
🇧🇿 Belize
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
0–30%
30% top rate; Pillar Two compliance measures
No change
0–25%
25% top; fiscal diversification from oil
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10%
Service tax 8% maintained; GST return unlikely
No change
12.5%
GST 12.5% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
24%
24% stable; potential reduction discussed for competitiveness
No change
1.75–19%
Business tax system; Pillar Two reform discussions
No change

Capital Gains Tax

Capital Gains Tax
10–30%
CGT on unlisted shares fully embedded in system
No change
0%
No CGT
No change

Social Security & Payroll

Social Security / Payroll
~23%
EPF reviewing contribution rates and fund adequacy
No change
~8%
SSB reform; social protection expanding
No change
State, Regional & Local Taxes

🇲🇾 MalaysiaState & Local Authority Taxes

Malaysia's 13 states and 3 federal territories have limited independent taxing powers. States levy quit rent (cukai tanah) on land, assessment rates (cukai pintu/taksiran) on property through local councils, and royalties on natural resources. Petroleum royalties are a major state revenue in Sabah, Sarawak, and Terengganu. Local councils (majlis perbandaran) levy property assessment at 6%–12% of estimated annual rental value. No state income taxes exist — this is federal.

🇧🇿 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.

Malaysia vs Belize: Key Tax Differences (2026)

💰 Income Tax: 🇲🇾 Malaysia has a higher top income tax rate (0–30% vs 0–25%). 🇧🇿 Belize is more favourable for high earners.

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

🏢 Corporate Tax: 🇧🇿 Belize offers a lower corporate rate (19% vs 24%), which can influence business location decisions.

📈 Capital Gains: 🇧🇿 Belize taxes investment gains at a lower rate (0% vs 30%), benefiting investors.

Related Comparisons

🇲🇾 Malaysia vs 🇩🇪 GermanyTax comparison🇲🇾 Malaysia vs 🇮🇩 IndonesiaTax comparison🇲🇾 Malaysia vs 🇵🇭 PhilippinesTax comparison🇲🇾 Malaysia vs 🇸🇬 SingaporeTax comparison🇲🇾 Malaysia vs 🇹🇭 ThailandTax comparison🇲🇾 Malaysia vs 🇬🇧 United KingdomTax comparison🇲🇾 Malaysia vs 🇺🇸 United StatesTax comparison🇲🇾 Malaysia vs 🇻🇳 VietnamTax comparison🇲🇾 Malaysia vs 🇨🇳 ChinaTax comparison🇲🇾 Malaysia vs 🇭🇰 Hong KongTax comparison🇲🇾 Malaysia vs 🇯🇵 JapanTax comparison🇲🇾 Malaysia vs 🇲🇳 MongoliaTax comparison
All 🇲🇾 Malaysia comparisons →All 🇧🇿 Belize comparisons →