Suriname vs Panama
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
🇸🇷 Suriname — District Administrations
Suriname's 10 districts have limited local taxing authority within national frameworks. The Surinaamse Belastingdienst administers national taxes. Suriname went through a severe debt crisis in 2020–21 and defaulted on its sovereign debt; an IMF program is stabilizing the economy. Oil (Staatsolie) and gold mining are dominant revenue sources. A major TotalEnergies offshore oil discovery (Block 58) is advancing toward production. Suriname uses the Surinamese dollar (SRD); significant devaluation has affected the real tax burden.
🇵🇦 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.
Suriname vs Panama: Key Tax Differences (2026)
💰 Income Tax: 🇸🇷 Suriname has a higher top income tax rate (0–38% vs 0–25%). 🇵🇦 Panama is more favourable for high earners.
🛒 VAT/Sales Tax: Suriname has a higher consumption tax (10% vs 7%).
🏢 Corporate Tax: 🇵🇦 Panama offers a lower corporate rate (25% vs 36%), which can influence business location decisions.
📈 Capital Gains: 🇵🇦 Panama taxes investment gains at a lower rate (10% vs 36%), benefiting investors.