AR · AmericasLY · Africa
Argentina vs Libya: tax rates compared
Argentina's income tax rate is 25pp higher than Libya's (35% vs 10%). The 200-country average is 28%: Argentina sits above it, Libya sits below it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AR | LY | Difference |
|---|---|---|---|
| Income Tax | 35% | 10% | AR +25 pplargest gap |
| Corporate Tax | 35% | 20% | AR +15 pp |
| VAT | 21% | 0% | AR +21 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 1% | 0% | AR +1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16 |
| Libya | 10% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | +25 pp | Argentina higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Libya | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Argentina higher |
Argentina's corporate tax rate is 15pp higher than Libya's (35% vs 20%). The 201-country average is 22.6%: Argentina sits above it, Libya sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Argentina | 21% | Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Corporate, Other taxes) · as of 2026-05-31 |
| Difference | +21 pp | Argentina higher |
Argentina's VAT rate is 21pp higher than Libya's (21% vs 0%). The 181-country average is 15%: Argentina sits above it, Libya sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 0% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Difference | 0 pp | displayed rates match |
Argentina's capital gains tax rate is identical to Libya's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 1% | Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01 |
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31 |
| Difference | +1 pp | Argentina higher |
Argentina's wealth tax rate is 1pp higher than Libya's (1% vs 0%). The 193-country average is 0.1%: Argentina sits above it, Libya sits below it. Argentina's figure is dated 2025-01-01 and Libya's 2026-05-31, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.