AM · AsiaCN · Asia

Armenia vs China: tax rates compared

China's income tax rate is 25pp higher than Armenia's (45% vs 20%). The 200-country average is 28%: Armenia sits below it, China sits above it. Armenia's figure is dated 2023-01-01 and China's 2025-12-31, so the two rates come from different data vintages.

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

0102030405060Income20%45%Corporate18%25%VAT13%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax AM CNDifference
Income Tax20%45%CN +25 pplargest gap
Corporate Tax18%25%CN +7 pp
VAT20%13%AM +7 pp
Capital Gains Tax0%0%match
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
China45%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Difference−25 ppChina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
China25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−7 ppChina higher

China's corporate tax rate is 7pp higher than Armenia's (25% vs 18%). The 201-country average is 22.6%: Armenia sits below it, China sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
China13%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31
Difference+7 ppArmenia higher

Armenia's VAT rate is 7pp higher than China's (20% vs 13%). The 181-country average is 15%: Armenia sits above it, China sits below it. Armenia's figure is dated 2026-06-30 and China's 2025-12-31, so the two rates come from different data vintages.

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
China0%Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30
Difference0 ppdisplayed rates match

Armenia's capital gains tax rate is identical to China's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and China's 1998-03-30, 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
China0%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31
Difference0 ppdisplayed rates match

Armenia's wealth tax rate is identical to China's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Armenia's figure is dated 2026-06-30 and China's 2025-12-31, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.