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Bhutan vs Canada: tax rates compared

Canada has an income tax rate of 53.5%, 23.5pp above Bhutan's 30%. The 200-country average is 28%: both sit above it. Bhutan's figure is dated 2026-07-20 and Canada's 2025-01-01, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%53.5%Corporate25%26%VAT5%Wealth Tax0%
four shared taxes, side by side
Tax BT CADifference
Income Tax30%53.5%CA +23.5 pplargest gap
Corporate Tax25%26%CA +1 pp
VAT5%5%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bhutan30%Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−23.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bhutan25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−1 ppCanada higher

Canada has a corporate tax rate of 26%, 1pp above Bhutan's 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Bhutan5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Difference0 ppdisplayed rates match

Bhutan and Canada share the same VAT rate: 5%. The 181-country average is 15%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bhutan0%Source: Bhutan Department of Revenue and Customs, Ministry of Finance · as of 2026-07-18
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Difference0 ppdisplayed rates match

Bhutan and Canada share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.