BT · AsiaPG · Oceania

Bhutan vs Papua New Guinea: tax rates compared

Papua New Guinea's income tax rate is 12pp higher than Bhutan's (42% vs 30%). The 200-country average is 28%: both sit above it.

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%42%Corporate25%30%VAT5%10%Wealth Tax0%
four shared taxes, side by side
Tax BT PGDifference
Income Tax30%42%PG +12 pplargest gap
Corporate Tax25%30%PG +5 pp
VAT5%10%PG +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
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference−12 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bhutan25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Papua New Guinea30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppPapua New Guinea higher

Papua New Guinea's corporate tax rate is 5pp higher than Bhutan's (30% vs 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
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference−5 ppPapua New Guinea higher

Papua New Guinea's VAT rate is 5pp higher than Bhutan's (10% vs 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
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

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

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