AM · AsiaMA · Africa
Armenia vs Morocco: tax rates compared
Morocco has an income tax rate of 37%, 17pp above Armenia's 20%. The 200-country average is 28%: Armenia sits below it, Morocco sits above it. Armenia's figure is dated 2023-01-01 and Morocco's 2026-04-30, 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
| Tax | AM | MA | Difference |
|---|---|---|---|
| Income Tax | 20% | 37% | MA +17 pplargest gap |
| Corporate Tax | 18% | 34% | MA +16 pp |
| VAT | 20% | 20% | match |
| Capital Gains Tax | 0% | 15% | MA +15 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 |
| Morocco | 37% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Taxes on personal income) · as of 2026-04-30 |
| Difference | −17 pp | Morocco higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Morocco | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −16 pp | Morocco higher |
Morocco has a corporate tax rate of 34%, 16pp above Armenia's 18%. The 201-country average is 22.6%: Armenia sits below it, Morocco sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Morocco | 20% | Source: PWC Worldwide Tax Summaries — Morocco (Corporate, Other taxes) · as of 2026-04-30 |
| Difference | 0 pp | displayed rates match |
Armenia and Morocco share the same VAT rate: 20%. 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 |
| Morocco | 15% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Income determination) · as of 2026-04-30 |
| Difference | −15 pp | Morocco higher |
Morocco has a capital gains tax rate of 15%, 15pp above Armenia's 0%. The 175-country average is 10.3%: Armenia sits below it, Morocco sits above it. Armenia's figure is dated 2025-10-01 and Morocco's 2026-04-30, 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 |
| Morocco | 0% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Other taxes) · as of 2026-04-30 |
| Difference | 0 pp | displayed rates match |
Armenia and Morocco share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.