AU · OceaniaCN · Asia
Australia vs China: tax rates compared
Between the two, Australia's income tax rate (47%) tops China's (45%) by 2pp. The 200-country average is 28%: both sit above it.
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
| Tax | AU | CN | Difference |
|---|---|---|---|
| Income Tax | 47% | 45% | AU +2 pp |
| Corporate Tax | 30% | 25% | AU +5 pp |
| VAT | 10% | 13% | CN +3 pp |
| Capital Gains Tax | 45% | 0% | AU +45 pplargest gap |
| 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 |
| China | 45% | Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | +2 pp | Australia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| China | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Australia higher |
Between the two, Australia's corporate tax rate (30%) tops China's (25%) by 5pp. 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 |
| China | 13% | Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | −3 pp | China higher |
Between the two, China's VAT rate (13%) tops Australia's (10%) by 3pp. The 181-country average is 15%: both sit below it. Australia's figure is dated 2026-06-30 and China's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 45% | Source: PWC Worldwide Tax Summaries — Australia (Individual, Taxes on personal income) · as of 2026-06-30 |
| China | 0% | Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30 |
| Difference | +45 pp | Australia higher |
Between the two, Australia's capital gains tax rate (45%) tops China's (0%) by 45pp. The 175-country average is 10.3%: Australia sits above it, China sits below it. Australia's figure is dated 2026-06-30 and China's 1998-03-30, 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 |
| China | 0% | Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Australia and China both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Australia's figure is dated 2026-06-30 and China's 2025-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.