Panama 
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- 4.2m people live here
- Area: 75752km²
Tax information in Panama
Standard Corporate Tax Rate
25.00%
Individual Income Tax Rate
0.00 - 27.00%
Standard VAT Rate
7.00% (15, 10, 5%)
Different rates apply for tobacco, alcohol, hotels, and essential goods.
Cost of living in Panama
Cost of Living (Couple)
$1664.18
Approximate cost for a couple including groceries, rent, transportation and lifestyle costs
Cost of Living (Family)
$3531.75
Approximate cost for a family including groceries, rent, transportation, lifestyle costs and parenting fee for one child
Cost of Living (1 Person)
$1118.69
Approximate cost for a single person including groceries, rent, transportation and lifestyle costs
Useful links in Panama
Online Electronics shop
Taxi Application
Short Haul Airlines
International Airlines
Apartment listing
Popular cities in Panama
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