Panama Income Tax Calculator2026
Currency: USD ($)
Resident rates are shown by default. Non-resident treatment varies — toggle for guidance.
Your income
Enter what you earn. Results update instantly.
Annual Take-Home — 2026
$70,650
from $100,000 gross
Tax breakdown
- ISR planilla$18,350
Employee Contributions & Deductions
- CSS — Caja del Seguro Social (9.75%)$9,750$813 / mo
- Seguro Educativo (1.25%)$1,250$104 / mo
Tax per bracket
Estimates only. Not tax, legal, or financial advice. Verify with a qualified professional or the official tax authority.
Panama tax system at a glance
Panama uses a progressive income-tax schedule for 2026. The currency is USD ($).
- Tax-free allowance: you pay no income tax on the first $11,000 of earnings.
- First paid bracket: 15% on income above $11,000.
- Top marginal rate: 25.0% on the highest slice of income.
- Employee contributions: 2 separate payroll deductions apply to most salaries.
Income tax brackets
No income tax in this range.
You pay 15.00% only on the slice of income that falls inside this band.
You pay 25.00% only on the slice of income that falls inside this band.
Employee contributions & deductions
No fixed annual cap in our model.
No fixed annual cap in our model.
Source: DGI Panamá — ISR planilla 2025 (0/15/25%); CSS 9.75% + Seguro Educativo 1.25%.
Panama budget calculator
Edit any line to see how much you'd actually save — or the salary you'd need to ask for. Placeholders are rough averages for a single professional in a mid-to-large city.
Estimates only. Averages are indicative — costs vary widely by city and lifestyle. Edit every line for your situation.