AM · AsiaCA · Americas
Armenia vs Canada: tax rates compared
Canada's income tax rate is 33.5pp higher than Armenia's (53.5% vs 20%). The 200-country average is 28%: Armenia sits below it, Canada sits above it. Armenia's figure is dated 2023-01-01 and Canada'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 | CA | Difference |
|---|---|---|---|
| Income Tax | 20% | 53.5% | CA +33.5 pplargest gap |
| Corporate Tax | 18% | 26% | CA +8 pp |
| VAT | 20% | 5% | AM +15 pp |
| Capital Gains Tax | 0% | 27.4% | CA +27.4 pp |
| Crypto Tax | 0% | 27.4% | CA +27.4 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 |
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −33.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −8 pp | Canada higher |
Canada's corporate tax rate is 8pp higher than Armenia's (26% vs 18%). The 201-country average is 22.6%: Armenia sits below it, Canada sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Difference | +15 pp | Armenia higher |
Armenia's VAT rate is 15pp higher than Canada's (20% vs 5%). The 181-country average is 15%: Armenia sits above it, Canada sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| Difference | −27.4 pp | Canada higher |
Canada's capital gains tax rate is 27.4pp higher than Armenia's (27.4% vs 0%). The 175-country average is 10.3%: Armenia sits below it, Canada sits above it. Armenia's figure is dated 2025-10-01 and Canada's 2026-06-12, 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 |
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| Difference | −27.4 pp | Canada higher |
Canada's crypto tax rate is 27.4pp higher than Armenia's (27.4% vs 0%). The 88-country average is 13%: Armenia sits below it, Canada sits above it. Armenia's figure is dated 2024-07-01 and Canada's 2023-12-13, 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 |
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Difference | 0 pp | displayed rates match |
Armenia's wealth tax rate is identical to Canada's — both sit at 0%. The 193-country average is 0.1%: both sit below it.