AM · AsiaRS · Europe
Armenia vs Serbia: tax rates compared
Armenia's income tax rate is 10pp higher than Serbia's (20% vs 10%). The 200-country average is 28%: both sit below it. Armenia's figure is dated 2023-01-01 and Serbia's 2026-02-25, 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 | RS | Difference |
|---|---|---|---|
| Income Tax | 20% | 10% | AM +10 pp |
| Corporate Tax | 18% | 15% | AM +3 pp |
| VAT | 20% | 20% | match |
| Capital Gains Tax | 0% | 15% | RS +15 pplargest gap |
| Crypto Tax | 0% | 15% | RS +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 |
| Serbia | 10% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | +10 pp | Armenia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Serbia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +3 pp | Armenia higher |
Armenia's corporate tax rate is 3pp higher than Serbia's (18% vs 15%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Serbia | 20% | Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25 |
| Difference | 0 pp | displayed rates match |
Armenia's VAT rate is identical to Serbia's — both sit at 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 |
| Serbia | 15% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | −15 pp | Serbia higher |
Serbia's capital gains tax rate is 15pp higher than Armenia's (15% vs 0%). The 175-country average is 10.3%: Armenia sits below it, Serbia sits above it. Armenia's figure is dated 2025-10-01 and Serbia's 2026-02-25, 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 |
| Serbia | 15% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | −15 pp | Serbia higher |
Serbia's crypto tax rate is 15pp higher than Armenia's (15% vs 0%). The 88-country average is 13%: Armenia sits below it, Serbia sits above it. Armenia's figure is dated 2024-07-01 and Serbia's 2026-02-25, 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 |
| Serbia | 0% | Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25 |
| Difference | 0 pp | displayed rates match |
Armenia's wealth tax rate is identical to Serbia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.