VG · AmericasPG · Oceania
British Virgin Islands vs Papua New Guinea: tax rates compared
Papua New Guinea's income tax rate is 42pp higher than British Virgin Islands's (42% vs 0%). The 200-country average is 28%: British Virgin Islands sits below it, Papua New Guinea sits 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 | VG | PG | Difference |
|---|---|---|---|
| Income Tax | 0% | 42% | PG +42 pplargest gap |
| Corporate Tax | 0% | 30% | PG +30 pp |
| VAT | 0% | 10% | PG +10 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-20 |
| Papua New Guinea | 42% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27 |
| Difference | −42 pp | Papua New Guinea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Papua New Guinea | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −30 pp | Papua New Guinea higher |
Papua New Guinea's corporate tax rate is 30pp higher than British Virgin Islands's (30% vs 0%). The 201-country average is 22.6%: British Virgin Islands sits below it, Papua New Guinea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department · as of 2026-07-19 |
| Papua New Guinea | 10% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27 |
| Difference | −10 pp | Papua New Guinea higher |
Papua New Guinea's VAT rate is 10pp higher than British Virgin Islands's (10% vs 0%). The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — All Government Services (Inland Revenue Department tax listing) · as of 2026-07-19 |
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
British Virgin Islands's capital gains tax rate is identical to Papua New Guinea's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department services listing · as of 2026-07-18 |
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27 |
| Difference | 0 pp | displayed rates match |
British Virgin Islands'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: Crypto Tax.