How many countries are in North America?

Our database covers 29 countries and territories in North America, each with detailed tax rate information including income tax, corporate tax, VAT, and capital gains tax.

What is the average income tax rate in North America?

The average top income tax rate across North America is 24%. This varies significantly by country — some have no income tax while others exceed 50%.

Which North American countries have the lowest taxes?

Tax rates vary widely across North America. Browse the country profiles below to compare income tax, corporate tax, VAT, and capital gains rates across all North American countries.

North America Tax Rates

Compare tax rates across 29 countries in North America

Avg. Income Tax

24%

Avg. Corporate Tax

22%

Avg. VAT Rate

10%

Avg. Capital Gains

Regions

Northern America Central America Caribbean

All Countries in North America (29)

Antigua and Barbuda

North America

Income Tax

Corporate

25%

VAT

15%

Capital Gains

Aruba

North America

Income Tax

52%

Corporate

25%

VAT

Capital Gains

25%

Bahamas

North America

Income Tax

Corporate

VAT

10%

Capital Gains

Barbados

North America

Income Tax

28.5%

Corporate

5.5%

VAT

17.5%

Capital Gains

Belize

North America

Income Tax

25%

Corporate

25%

VAT

12.5%

Capital Gains

Bermuda

North America

Income Tax

Corporate

15%

VAT

Capital Gains

British Virgin Islands

North America

Income Tax

Corporate

VAT

Capital Gains

Canada

North America

Income Tax

53%

Corporate

26.5%

VAT

Capital Gains

27%

Cayman Islands

North America

Income Tax

Corporate

VAT

Capital Gains

Costa Rica

North America

Income Tax

25%

Corporate

30%

VAT

13%

Capital Gains

15%

Cuba

North America

Income Tax

50%

Corporate

35%

VAT

10%

Capital Gains

Curaçao

North America

Income Tax

48.3%

Corporate

22%

VAT

Capital Gains

Dominican Republic

North America

Income Tax

25%

Corporate

27%

VAT

18%

Capital Gains

27%

El Salvador

North America

Income Tax

30%

Corporate

30%

VAT

13%

Capital Gains

10%

Grenada

North America

Income Tax

30%

Corporate

28%

VAT

15%

Capital Gains

Guatemala

North America

Income Tax

Corporate

25%

VAT

12%

Capital Gains

10%

Haiti

North America

Income Tax

30%

Corporate

30%

VAT

10%

Capital Gains

30%

Honduras

North America

Income Tax

25%

Corporate

25%

VAT

15%

Capital Gains

10%

Jamaica

North America

Income Tax

30%

Corporate

25%

VAT

15%

Capital Gains

15%

Mexico

North America

Income Tax

35%

Corporate

30%

VAT

16%

Capital Gains

35%

Nicaragua

North America

Income Tax

30%

Corporate

30%

VAT

15%

Capital Gains

10%

Panama

North America

Income Tax

25%

Corporate

25%

VAT

Capital Gains

10%

Puerto Rico

North America

Income Tax

33%

Corporate

18.5%

VAT

11.5%

Capital Gains

15%

Saint Kitts and Nevis

North America

Income Tax

Corporate

33%

VAT

17%

Capital Gains

Saint Lucia

North America

Income Tax

30%

Corporate

30%

VAT

12.5%

Capital Gains

Saint Vincent and the Grenadines

North America

Income Tax

32.5%

Corporate

30%

VAT

16%

Capital Gains

Trinidad and Tobago

North America

Income Tax

25%

Corporate

30%

VAT

12.5%

Capital Gains

Turks and Caicos Islands

North America

Income Tax

Corporate

VAT

Capital Gains

United States

North America

Income Tax

37%

Corporate

21%

VAT

Capital Gains

20%

North America Tax Rates

Regions

All Countries in North America (29)

Antigua and Barbuda

Aruba

Bahamas

Barbados

Belize

Bermuda

British Virgin Islands

Canada

Cayman Islands

Costa Rica

Cuba

Curaçao

Dominican Republic

El Salvador

Grenada

Guatemala

Haiti

Honduras

Jamaica

Mexico

Nicaragua

Panama

Puerto Rico

Saint Kitts and Nevis

Saint Lucia

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States

North America Tax FAQ