How many countries does TaxAtlas cover in Central America?

We cover 8 countries and territories in Central America with detailed tax information including income tax brackets, corporate tax rates, VAT, and more.

What are typical tax rates in Central America?

The average top income tax rate in Central America is 25%, with corporate tax averaging 28% and VAT averaging 13%.

Central America Tax Rates

Compare tax rates across 8 countries in Central America (North America)

Avg. Income Tax

25%

Avg. Corporate Tax

28%

Avg. VAT Rate

13%

Avg. Capital Gains

13%

Countries in Central America (8)

Mexico

North America

Income Tax

35%

Corporate

30%

VAT

16%

Capital Gains

35%

Panama

North America

Income Tax

25%

Corporate

25%

VAT

Capital Gains

10%

Costa Rica

North America

Income Tax

25%

Corporate

30%

VAT

13%

Capital Gains

15%

Belize

North America

Income Tax

25%

Corporate

25%

VAT

12.5%

Capital Gains

El Salvador

North America

Income Tax

30%

Corporate

30%

VAT

13%

Capital Gains

10%

Nicaragua

North America

Income Tax

30%

Corporate

30%

VAT

15%

Capital Gains

10%

Guatemala

North America

Income Tax

Corporate

25%

VAT

12%

Capital Gains

10%

Honduras

North America

Income Tax

25%

Corporate

25%

VAT

15%

Capital Gains

10%

Central America Tax Rates

Countries in Central America (8)

Mexico

Panama

Costa Rica

Belize

El Salvador

Nicaragua

Guatemala

Honduras

Central America Tax FAQ