AM · AsiaBE · Europe
Armenia vs Belgium: tax rates compared
Between the two, Belgium's income tax rate (52.7%) tops Armenia's (20%) by 32.7pp. The 200-country average is 28%: Armenia sits below it, Belgium sits above it. Armenia's figure is dated 2023-01-01 and Belgium's 2025-01-01, 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
| Tax | AM | BE | Difference |
|---|---|---|---|
| Income Tax | 20% | 52.7% | BE +32.7 pplargest gap |
| Corporate Tax | 18% | 25% | BE +7 pp |
| VAT | 20% | 21% | BE +1 pp |
| Capital Gains Tax | 0% | 10% | BE +10 pp |
| Crypto Tax | 0% | 10% | BE +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01 |
| Belgium | 52.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −32.7 pp | Belgium higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Belgium | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7 pp | Belgium higher |
Between the two, Belgium's corporate tax rate (25%) tops Armenia's (18%) by 7pp. The 201-country average is 22.6%: Armenia sits below it, Belgium sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Belgium | 21% | Source: PWC Worldwide Tax Summaries — Belgium (Corporate, Other taxes) · as of 2026-02-13 |
| Difference | −1 pp | Belgium higher |
Between the two, Belgium's VAT rate (21%) tops Armenia's (20%) by 1pp. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Belgium | 10% | Source: KPMG TaxNewsFlash — Belgium: New capital gains tax approved by Parliament · as of 2026-01-01 |
| Difference | −10 pp | Belgium higher |
Between the two, Belgium's capital gains tax rate (10%) tops Armenia's (0%) by 10pp. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Belgium's 2026-01-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01 |
| Belgium | 10% | Source: PwC Belgium — Belgium's comprehensive capital gains tax changes: key updates and implications starting January 2026 · as of 2025-12-19 |
| Difference | −10 pp | Belgium higher |
Between the two, Belgium's crypto tax rate (10%) tops Armenia's (0%) by 10pp. The 88-country average is 13%: both sit below it. Armenia's figure is dated 2024-07-01 and Belgium's 2025-12-19, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Belgium | 0% | Source: PWC Worldwide Tax Summaries — Belgium (Individual, Other taxes) · as of 2026-02-13 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Armenia and Belgium both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.