AM · AsiaBT · Asia
Armenia vs Bhutan: tax rates compared
Bhutan has an income tax rate of 30%, 10pp above Armenia's 20%. The 200-country average is 28%: Armenia sits below it, Bhutan sits above it. Armenia's figure is dated 2023-01-01 and Bhutan's 2026-07-20, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AM | BT | Difference |
|---|---|---|---|
| Income Tax | 20% | 30% | BT +10 pp |
| Corporate Tax | 18% | 25% | BT +7 pp |
| VAT | 20% | 5% | AM +15 pplargest gap |
| 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 |
| Bhutan | 30% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20 |
| Difference | −10 pp | Bhutan higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Bhutan | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7 pp | Bhutan higher |
Bhutan has a corporate tax rate of 25%, 7pp above Armenia's 18%. The 201-country average is 22.6%: Armenia sits below it, Bhutan sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Bhutan | 5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01 |
| Difference | +15 pp | Armenia higher |
Armenia has a VAT rate of 20%, 15pp above Bhutan's 5%. The 181-country average is 15%: Armenia sits above it, Bhutan sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Bhutan | 0% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Armenia and Bhutan share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.