Panama vs Australia
Corporate Tax Comparison
Time of Update: Panama: 4/04/2026 / Australia: 3/24/2026
Compare Panama and Australia corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Panama vs Australia Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Panama
Australia
General CIT Rate:
25
General CIT Rate:
30%, with a reduced rate of 25% for small to medium businesses
CIT Return Due Date:
Three months after the end of the fiscal year.
CIT Return Due Date:
15th day of the seventh month following the end of the income year
CIT Payment Due Date:
Tax payments must be made within three months after the end of the respective accounting period.
CIT Payment Due Date:
First day of the sixth month following the end of the income year.
CIT Estimated Payment Due Date:
6 months, 9 months, and 12 months after the end of the tax year.
CIT Estimated Payment Due Date:
Monthly or quarterly.
Withholding Tax (WHT)
Panama
Australia
Resident Withholding Tax (Dividend/Interest/Royalty):
5, 10 - 20/NA/NA
Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/0
None-Resident Withholding Tax (Dividend/Interest/Royalty):
5, 10 - 20/12.5/12.5
None-Resident Withholding Tax (Dividend/Interest/Royalty):
30/10/30
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Panama
Australia
General Capital Gain Tax Rate:
Return on investment sees Panama Company tax summary.
General Capital Gain Tax Rate:
Capital gains are subject to the normal CIT rate (30%)
Effective Tax Rate (ETR)
Panama
Australia
Composite Effective Average Tax Rate:
23.33%
Composite Effective Average Tax Rate:
28.50%
Composite Effective Marginal Tax Rate:
18.47%
Composite Effective Marginal Tax Rate:
28.56%
