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Bhutan vs Ukraine: tax rates compared

Bhutan's income tax rate is 12pp higher than Ukraine's (30% vs 18%). The 200-country average is 28%: Bhutan sits above it, Ukraine sits below 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

0102030405060Income18%30%Corporate18%25%VAT5%20%Wealth Tax0%
four shared taxes, side by side
Tax BT UADifference
Income Tax30%18%BT +12 pp
Corporate Tax25%18%BT +7 pp
VAT5%20%UA +15 pplargest gap
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
Ukraine18%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30
Difference+12 ppBhutan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bhutan25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ukraine18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+7 ppBhutan higher

Bhutan's corporate tax rate is 7pp higher than Ukraine's (25% vs 18%). The 201-country average is 22.6%: Bhutan sits above it, Ukraine sits below it.

VAT

VAT, side by side
CountryRateSource
Bhutan5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01
Ukraine20%Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30
Difference−15 ppUkraine higher

Ukraine's VAT rate is 15pp higher than Bhutan's (20% vs 5%). The 181-country average is 15%: Bhutan sits below it, Ukraine sits above 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
Ukraine0%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30
Difference0 ppdisplayed rates match

Bhutan's wealth tax rate is identical to Ukraine'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.