All Tax Countries
90 countries
Mexico
Mexico's Tax System Overview
Mexico has a progressive income tax system with rates ranging from 1.92% to 35%. The corporate tax rate is 30%, and the standard VAT rate is 16%.
INCOME
1.92%–35%
CORP
30%
VAT
16%
Progressive income tax rates
Standard corporate tax rate of 30%
VAT applies to most goods and services
Spain
Spain's Progressive Tax System
Spain has a progressive income tax system with rates ranging from 19% to 47%. The corporate tax rate is 25%, and the standard VAT rate is 21%. Special regimes are available for new residents.
INCOME
19%–47%
CORP
25%
VAT
21%
Progressive personal income tax rates
Corporate tax rate of 25%
Standard VAT rate of 21%
France
France Tax Country Overview (2026)
France features a robust but high-contribution tax system. The "Micro-Enterprise" regime offers a simplified way for freelancers to pay taxes and social charges as a percentage of turnover.
INCOME
11% – 45% (Family quotient system applies)
CORP
25% (Standard) / 15% (SME reduced rate)
VAT
20% (Standard) / 10% or 5.5% (Reduced)
Simplified "Micro-BIC/BNC" regimes for freelancers.
"Versement Libératoire" option (pay income tax as a fixed % of sales).
High-quality universal healthcare funded by social contributions.
Panama
Panama Tax Country Overview (2026)
One of the world's most prominent territorial tax systems. Income generated outside the borders of Panama is entirely exempt from local taxation for both individuals and corporations.
INCOME
0% (Foreign Source) / 15% – 25% (Local Source)
CORP
25% (Only on Panama-sourced income)
VAT
7% (ITBMS - Standard) / 10% (Alcohol/Hotels)
0% Tax on foreign-sourced income for Digital Nomads.
No exchange controls and no wealth tax.
Reduced 5% tax on dividends from foreign operations.
Germany
Germany Tax Country Overview (2026)
A high-tax jurisdiction known for its complexity but offering world-class social benefits. Freelancers are subject to both income tax and "trade tax" depending on their business classification.
INCOME
14% – 45% (After €11,604 tax-free allowance)
CORP
15% (Plus 5.5% Solidarity Surcharge + Municipal Trade Tax)
VAT
19% (Standard) / 7% (Reduced)
Solidarity surcharge (SolZ) mostly abolished for low-mid earners.
"Kleinunternehmer" rule: No VAT if turnover < €25,000/year.
Extensive double taxation treaties with over 90 countries.
Portugal
Portugal Tax Country Overview (2026)
Portugal offers a welcoming tax environment for new residents through the updated NHR 2.0 (IFICI) program, focusing on high-value professional activities and foreign-sourced income exemptions.
INCOME
12.5% – 48% (Resident) / 25% (Non-Resident)
CORP
19% (Standard mainland rate for 2026)
VAT
23% (Standard) / 13% (Intermediate) / 6% (Reduced)
NHR 2.0 (IFICI) 20% flat tax on qualifying income.
0% Tax on most foreign-sourced dividends/royalties under NHR.
Reduced corporate tax (15%) for SMEs on first €50,000 profit.