AM · AsiaPW · Oceania

Armenia vs Palau: tax rates compared

Armenia's income tax rate is 8pp higher than Palau's (20% vs 12%). The 200-country average is 28%: both sit below it. Armenia's figure is dated 2023-01-01 and Palau's 2026-07-20, 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

0102030405060Income12%20%VAT10%20%Capital Gains0%Crypto0%Wealth Tax0%
five shared taxes, side by side
Tax AM PWDifference
Income Tax20%12%AM +8 pp
VAT20%10%AM +10 pplargest gap
Capital Gains Tax0%0%match
Crypto 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
Palau12%Source: Government of Palau — Bureau of Revenue and Taxation, Wages and Salary Tax · as of 2026-07-20
Difference+8 ppArmenia higher

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Palau10%Source: Palau Bureau of Revenue & Taxation — Palau Goods and Services Tax (PGST) · as of 2023-01-01
Difference+10 ppArmenia higher

Armenia's VAT rate is 10pp higher than Palau's (20% vs 10%). The 181-country average is 15%: Armenia sits above it, Palau sits below it. Armenia's figure is dated 2026-06-30 and Palau's 2023-01-01, 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
Palau0%Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19
Difference0 ppdisplayed rates match

Armenia's capital gains tax rate is identical to Palau'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 Palau's 2026-07-19, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Armenia0%Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01
Palau0%Source: Government of Palau — Ministry of Finance, Bureau of Revenue and Taxation · as of 2026-07-19
Difference0 ppdisplayed rates match

Armenia's crypto tax rate is identical to Palau's — both sit at 0%. The 88-country average is 13%: both sit below it. Armenia's figure is dated 2024-07-01 and Palau's 2026-07-19, 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
Palau0%Source: Palau National Code, Title 40 (Revenue and Taxation) — official text · as of 2026-07-18
Difference0 ppdisplayed rates match

Armenia's wealth tax rate is identical to Palau's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Corporate Tax.