Uruguay vs Belize
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΊπΎ Uruguay β Departmental & Municipal Taxes
Uruguay's 19 departments (like Montevideo, Maldonado) each have their own departmental government (Intendencia) that levies property taxes (ContribuciΓ³n Inmobiliaria) at rates set per department, vehicle patents (Patente de Rodados), and commercial licence fees. Montevideo has higher rates than interior departments. National income tax (IRPF) and corporate tax are nationally administered by the DGI (DirecciΓ³n General Impositiva). Uruguay's territorial income tax system (prior to 2007 reform) was replaced with a worldwide system.
π§πΏ Belize β Municipal & Town Council Taxes
Belize's 6 districts and municipal/town councils levy property tax, business tax (turnover-based), and trade licences. Belize has a unique business tax system β a turnover-based tax (1.75%β19% of gross revenues by sector) instead of a traditional profit-based corporate income tax. Belize is a former British colony using English common law. It's a tourism-dependent economy with growing offshore financial services and a significant Belizean diaspora. The country has been working to exit grey lists and improve tax transparency.
Uruguay vs Belize: Key Tax Differences (2026)
π° Income Tax: πΊπΎ Uruguay has a higher top income tax rate (0β36% vs 0β25%). π§πΏ Belize is more favourable for high earners.
π VAT/Sales Tax: Uruguay has a higher consumption tax (10β22% vs 12.5%).
π’ Corporate Tax: π§πΏ Belize offers a lower corporate rate (19% vs 25%), which can influence business location decisions.
π Capital Gains: π§πΏ Belize taxes investment gains at a lower rate (0% vs 12%), benefiting investors.