Suriname vs Paraguay
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ธ๐ท Suriname โ District Administrations
Suriname's 10 districts have limited local taxing authority within national frameworks. The Surinaamse Belastingdienst administers national taxes. Suriname went through a severe debt crisis in 2020โ21 and defaulted on its sovereign debt; an IMF program is stabilizing the economy. Oil (Staatsolie) and gold mining are dominant revenue sources. A major TotalEnergies offshore oil discovery (Block 58) is advancing toward production. Suriname uses the Surinamese dollar (SRD); significant devaluation has affected the real tax burden.
๐ต๐พ Paraguay โ Municipal & Departmental Taxes
Paraguay's 17 departments and 254 municipalities levy the Impuesto Inmobiliario (property tax at 1% of assessed value), commercial licence fees (patente comercial), and vehicle registration fees. Asunciรณn has the highest commercial licence fees. The Subsecretarรญa de Estado de Tributaciรณn (SET) administers national taxes. Paraguay has one of Latin America's lowest tax burdens (~12% of GDP) and has used flat low rates to attract foreign residents (MADES visa) and financial activity. No wealth tax exists.
Suriname vs Paraguay: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐ท Suriname has a higher top income tax rate (0โ38% vs 8โ10%). ๐ต๐พ Paraguay is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (10% vs 10%).
๐ข Corporate Tax: ๐ต๐พ Paraguay offers a lower corporate rate (10% vs 36%), which can influence business location decisions.
๐ Capital Gains: ๐ต๐พ Paraguay taxes investment gains at a lower rate (10% vs 36%), benefiting investors.