AM · AsiaDM · Americas
Armenia vs Dominica: tax rates compared
Dominica has an income tax rate of 35%, 15pp above Armenia's 20%. The 200-country average is 28%: Armenia sits below it, Dominica sits above it. Armenia's figure is dated 2023-01-01 and Dominica's 2018-01-01, 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 | DM | Difference |
|---|---|---|---|
| Income Tax | 20% | 35% | DM +15 pplargest gap |
| Corporate Tax | 18% | 25% | DM +7 pp |
| VAT | 20% | 15% | AM +5 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| 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 |
| Dominica | 35% | Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01 |
| Difference | −15 pp | Dominica higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Dominica | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7 pp | Dominica higher |
Dominica has a corporate tax rate of 25%, 7pp above Armenia's 18%. The 201-country average is 22.6%: Armenia sits below it, Dominica sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Dominica | 15% | Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01 |
| Difference | +5 pp | Armenia higher |
Armenia has a VAT rate of 20%, 5pp above Dominica's 15%. The 181-country average is 15%: Armenia sits above it, Dominica matches the world average. Armenia's figure is dated 2026-06-30 and Dominica's 2006-03-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Dominica | 0% | Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax / Current Income Tax Rates · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Armenia and Dominica share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Dominica's 2026-07-19, 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 |
| Dominica | 0% | Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Armenia and Dominica share the same crypto tax rate: 0%. The 88-country average is 13%: both sit below it. Armenia's figure is dated 2024-07-01 and Dominica's 2026-07-19, 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 |
| Dominica | 0% | Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Armenia and Dominica share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.