AM · AsiaTW · Asia

Armenia vs Taiwan: tax rates compared

Taiwan has an income tax rate of 40%, 20pp above Armenia's 20%. The 200-country average is 28%: Armenia sits below it, Taiwan sits above it. Armenia's figure is dated 2023-01-01 and Taiwan's 2026-01-12, 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%40%Corporate18%20%VAT5%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax AM TWDifference
Income Tax20%40%TW +20 pplargest gap
Corporate Tax18%20%TW +2 pp
VAT20%5%AM +15 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
Taiwan40%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12
Difference−20 ppTaiwan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Taiwan20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−2 ppTaiwan higher

Taiwan has a corporate tax rate of 20%, 2pp above Armenia's 18%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Taiwan5%Source: PWC Worldwide Tax Summaries — Taiwan (Corporate, Other taxes) · as of 2026-01-12
Difference+15 ppArmenia higher

Armenia has a VAT rate of 20%, 15pp above Taiwan's 5%. The 181-country average is 15%: Armenia sits above it, Taiwan sits below it.

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
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Income determination / Capital gains tax rates quick chart) · as of 2026-01-12
Difference0 ppdisplayed rates match

Armenia and Taiwan 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 Taiwan's 2026-01-12, 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
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

Armenia and Taiwan 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.