Corporate Tax Comparison

Czech Republic vs Panama

Compare Czech Republic and Panama corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Published — Czech Republic: 2/14/2024 · Panama: 2/14/2024 · Time of Update — Czech Republic: 10/02/2026 · Panama: 9/30/2026

Base Country/Region

Compare Country/Region

Compare Corporate Tax

Czech Republic

Panama

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Published — Czech Republic: 2/14/2024 · Panama: 2/14/2024 · Time of Update — Czech Republic: 10/02/2026 · Panama: 9/30/2026

Corporate Income Tax (CIT)

Czech Republic

Panama

General CIT Rate:

The tax year starting in 2024 is 21 (previously 19).

General CIT Rate:

CIT Return Due Date:

Within three months after the end of the tax filing period (or four months if submitted electronically), or six months for entities that have been audited or for entities whose tax returns are submitted by registered advisors.

CIT Return Due Date:

Three months after the end of the fiscal year.

CIT Payment Due Date:

Tax payments must be made within three months after the end of the respective accounting period.

CIT Estimated Payment Due Date:

Prepaid taxes are paid every half year or quarter.

CIT Estimated Payment Due Date:

6 months, 9 months, and 12 months after the end of the tax year.

Withholding Tax (WHT)

Czech Republic

Panama

Resident Withholding Tax (Dividend/Interest/Royalty):

15/0/0

Resident Withholding Tax (Dividend/Interest/Royalty):

5, 10 - 20/NA/NA

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

15-35/15-35/15-35

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

5, 10 - 20/12.5/12.5

Value-Added Tax (VAT)

Czech Republic

Panama

General VAT Rate:

Learn More Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Czech Republic

Panama

General Capital Gain Tax Rate:

Capital gains are subject to the normal corporate income tax rate constraints.

General Capital Gain Tax Rate:

10% on capital gains. Shares and securities: the buyer withholds 5% of the total value. Real estate: 2% transfer tax plus a 3% income-tax advance on the price or cadastral value, whichever is greater.

Effective Tax Rate (ETR)

Czech Republic

Panama

Composite Effective Average Tax Rate:

20.31%

Composite Effective Average Tax Rate:

23.33%

Composite Effective Marginal Tax Rate:

20.73%

Composite Effective Marginal Tax Rate:

18.47%

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