Panama vs Sudan
Tax systems side by side: income tax rates, corporate tax, VAT, withholding, special regimes and filing rules.
Overview
At a glance
Income tax
 PA
Panama
|
 SD
Sudan
|
|
|---|---|---|
| Top rate | 25% | 15% |
| Effective top rate | 25% | 15% |
| Capital gains tax | 10% | — |
| Capital gains notes | Real estate capital gains 10% on gain or 3% on total sale value (whichever is elected). Securities gains 10%. | — |
| Social security (employee) | 9.75% | — |
| Social security (employer) | 13.25% | — |
Withholding rates
Other taxes
Tax features
|
PA
Panama
|
SD
Sudan
|
|
|---|---|---|
| Personal income tax | Yes | Yes |
| Capital gains tax | Yes | Yes |
| Corporate tax | Yes | Yes |
| VAT / GST | Yes | Yes |
| Wealth tax | No | No |
| Inheritance tax | No | No |
| Exit tax | No | No |
| CFC rules | No | No |
| Digital services tax | No | No |
| Crypto-specific rules | No | No |
| Participation exemption | No | No |
| Territorial exemption | Yes | No |
Special regimes
Active special regimes in Panama
Active special regimes in Sudan
None recorded
Residency and filing
|
PA
Panama
|
SD
Sudan
|
|
|---|---|---|
| Residency threshold | 183 days | 183 days |
| Filing deadline | March 15 | — |
| Automatic extension | No | No |
| Residency rules | Resident if in Panama for 183+ days in a fiscal year, or if center of economic/vital interests is in Panama. | Resident if present 183+ days in a calendar year. |
| Filing notes | Annual tax return due March 15 for individuals. Corporate returns also due March 15. | — |