BT · AsiaKI · Oceania

Bhutan vs Kiribati: tax rates compared

There's no gap here — Bhutan and Kiribati both post an income tax rate of 30%. The 200-country average is 28%: both sit above it. Bhutan's figure is dated 2026-07-20 and Kiribati's 2014-01-01, 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%Corporate25%35%VAT5%12.5%Wealth Tax0%
four shared taxes, side by side
Tax BT KIDifference
Income Tax30%30%match
Corporate Tax25%35%KI +10 pplargest gap
VAT5%12.5%KI +7.5 pp
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
Kiribati30%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bhutan25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Kiribati35%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01
Difference−10 ppKiribati higher

Between the two, Kiribati's corporate tax rate (35%) tops Bhutan's (25%) by 10pp. The 201-country average is 22.6%: both sit above it. Bhutan's figure is dated 2025-01-01 and Kiribati's 2001-01-01, so the two rates come from different data vintages.

VAT

VAT, side by side
CountryRateSource
Bhutan5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01
Kiribati12.5%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31
Difference−7.5 ppKiribati higher

Between the two, Kiribati's VAT rate (12.5%) tops Bhutan's (5%) by 7.5pp. The 181-country average is 15%: both sit below it. Bhutan's figure is dated 2026-01-01 and Kiribati's 2024-05-31, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Bhutan0%Source: Bhutan Department of Revenue and Customs, Ministry of Finance · as of 2026-07-18
Kiribati0%Source: Kiribati Ministry of Finance and Economic Development — Taxation · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Bhutan and Kiribati both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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