Panama Income Tax — Frequently Asked Questions

What is the income tax rate in Panama? Panama's personal income tax rate ranges up to 25% for the 2026 tax year, based on our estimated model.

What currency is tax calculated in? Panama calculates and pays tax in PAB (B/.).

When is the filing deadline? The typical deadline is April 15, though this can vary by filer type.

Is this calculator's result exact? No — it's an estimate based on a simplified model of Panama's tax brackets, intended for planning purposes. Your actual liability depends on deductions, credits, residency status, and other factors not captured here.

Where can I find official rates? Always cross-check with Panama's national tax authority website for the current, legally binding tax year figures.