AM · AsiaUZ · Asia

Armenia vs Uzbekistan: tax rates compared

Armenia's income tax rate is 8pp higher than Uzbekistan's (20% vs 12%). The 200-country average is 28%: both sit below it. Armenia's figure is dated 2023-01-01 and Uzbekistan's 2026-01-16, 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%Corporate15%18%VAT12%20%Capital Gains0%12%Wealth Tax0%
five shared taxes, side by side
Tax AM UZDifference
Income Tax20%12%AM +8 pp
Corporate Tax18%15%AM +3 pp
VAT20%12%AM +8 pp
Capital Gains Tax0%12%UZ +12 pplargest gap
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
Uzbekistan12%Source: PWC Worldwide Tax Summaries — Uzbekistan (Individual, Taxes on personal income) · as of 2026-01-16
Difference+8 ppArmenia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uzbekistan15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppArmenia higher

Armenia's corporate tax rate is 3pp higher than Uzbekistan's (18% vs 15%). 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
Uzbekistan12%Source: PWC Worldwide Tax Summaries — Uzbekistan (Corporate, Other taxes) · as of 2026-01-16
Difference+8 ppArmenia higher

Armenia's VAT rate is 8pp higher than Uzbekistan's (20% vs 12%). The 181-country average is 15%: Armenia sits above it, Uzbekistan 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
Uzbekistan12%Source: PWC Worldwide Tax Summaries — Uzbekistan (Individual, Taxes on personal income) · as of 2026-01-16
Difference−12 ppUzbekistan higher

Uzbekistan's capital gains tax rate is 12pp higher than Armenia's (12% vs 0%). The 175-country average is 10.3%: Armenia sits below it, Uzbekistan sits above it. Armenia's figure is dated 2025-10-01 and Uzbekistan's 2026-01-16, 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
Uzbekistan0%Source: PWC Worldwide Tax Summaries — Uzbekistan (Individual, Other taxes) · as of 2026-01-16
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.