AU · OceaniaCA · Americas
Australia vs Canada: tax rates compared
Between the two, Canada's income tax rate (53.5%) tops Australia's (47%) by 6.5pp. The 200-country average is 28%: both sit above it.
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 | AU | CA | Difference |
|---|---|---|---|
| Income Tax | 47% | 53.5% | CA +6.5 pp |
| Corporate Tax | 30% | 26% | AU +4 pp |
| VAT | 10% | 5% | AU +5 pp |
| Capital Gains Tax | 45% | 27.4% | AU +17.6 pplargest gap |
| Crypto Tax | 45% | 27.4% | AU +17.6 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 47% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −6.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +4 pp | Australia higher |
Between the two, Australia's corporate tax rate (30%) tops Canada's (26%) by 4pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Australia | 10% | Source: PWC Worldwide Tax Summaries — Australia (Corporate, Other taxes) · as of 2026-06-30 |
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Difference | +5 pp | Australia higher |
Between the two, Australia's VAT rate (10%) tops Canada's (5%) by 5pp. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 45% | Source: PWC Worldwide Tax Summaries — Australia (Individual, Taxes on personal income) · as of 2026-06-30 |
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| Difference | +17.6 pp | Australia higher |
Between the two, Australia's capital gains tax rate (45%) tops Canada's (27.4%) by 17.6pp. The 175-country average is 10.3%: both sit above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 45% | Source: Australian Taxation Office — How to work out and report CGT on crypto · as of 2026-06-22 |
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| Difference | +17.6 pp | Australia higher |
Between the two, Australia's crypto tax rate (45%) tops Canada's (27.4%) by 17.6pp. The 88-country average is 13%: both sit above it. Australia's figure is dated 2026-06-22 and Canada's 2023-12-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 0% | Source: PWC Worldwide Tax Summaries — Australia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Australia and Canada both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.