Panama vs Gabon
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
🇵🇦 Panama — Municipal & Corregimiento Taxes
Panama's 10 provinces and 81 districts have municipalities that levy commercial licence fees (Tasa Unica), property tax (impuesto de inmuebles at 0%–2.1%), and service fees. Panama City has the highest commercial licence fees. Panama uses a territorial tax system — income earned outside Panama is not taxed. This has made Panama a significant financial and trading hub. The Colón Free Zone is the world's second largest free trade zone. Panama is working to exit FATF grey lists and improve tax transparency.
🇬🇦 Gabon — Provincial & Municipal Taxes
Gabon's 9 provinces and 50 departments levy local patente (business licence), property tax (contribution foncière), and local service fees. Gabon is a significant oil producer (declining reserves) and timber exporter. The country experienced a military coup in August 2023 under the transitional government of General Oligui Nguema. Oil revenues have historically funded the state but are declining, necessitating fiscal diversification. Gabon is a member of the CEMAC economic community using the CFA franc.
Panama vs Gabon: Key Tax Differences (2026)
💰 Income Tax: 🇬🇦 Gabon has a higher top income tax rate (0–25% vs 0–35%). 🇵🇦 Panama is more favourable for high earners.
🛒 VAT/Sales Tax: Gabon has a higher consumption tax (7% vs 18%).
🏢 Corporate Tax: 🇵🇦 Panama offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇵🇦 Panama taxes investment gains at a lower rate (10% vs 20%), benefiting investors.