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Armenia vs Azerbaijan: tax rates compared

Azerbaijan has an income tax rate of 25%, 5pp above Armenia's 20%. The 200-country average is 28%: both sit below it. Armenia's figure is dated 2023-01-01 and Azerbaijan's 2026-01-09, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%25%Corporate18%20%VAT18%20%Capital Gains0%14%Crypto0%14%Wealth Tax0%
six shared taxes, side by side
Tax AM AZDifference
Income Tax20%25%AZ +5 pp
Corporate Tax18%20%AZ +2 pp
VAT20%18%AM +2 pp
Capital Gains Tax0%14%AZ +14 pplargest gap
Crypto Tax0%14%AZ +14 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Azerbaijan25%Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Taxes on personal income) · as of 2026-01-09
Difference−5 ppAzerbaijan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Azerbaijan20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppAzerbaijan higher

Azerbaijan has a corporate tax rate of 20%, 2pp above Armenia's 18%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Azerbaijan18%Source: PWC Worldwide Tax Summaries — Azerbaijan (Corporate, Other taxes) · as of 2026-01-09
Difference+2 ppArmenia higher

Armenia has a VAT rate of 20%, 2pp above Azerbaijan's 18%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
Azerbaijan14%Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Taxes on personal income) · as of 2026-01-09
Difference−14 ppAzerbaijan higher

Azerbaijan has a capital gains tax rate of 14%, 14pp above Armenia's 0%. The 175-country average is 10.3%: Armenia sits below it, Azerbaijan sits above it. Armenia's figure is dated 2025-10-01 and Azerbaijan's 2026-01-09, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Armenia0%Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01
Azerbaijan14%Source: Azerbaijan State Tax Service — Suallar və cavablar (Questions and Answers), Q.10955 · as of 2026-06-30
Difference−14 ppAzerbaijan higher

Azerbaijan has a crypto tax rate of 14%, 14pp above Armenia's 0%. The 88-country average is 13%: Armenia sits below it, Azerbaijan sits above it. Armenia's figure is dated 2024-07-01 and Azerbaijan's 2026-06-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Azerbaijan0%Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Other taxes) · as of 2026-01-09
Difference0 ppdisplayed rates match

Armenia and Azerbaijan share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.