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British Virgin Islands vs Paraguay: tax rates compared
Between the two, Paraguay's income tax rate (10%) tops British Virgin Islands's (0%) by 10pp. The 200-country average is 28%: both sit below 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 | PY | Difference |
|---|---|---|---|
| Income Tax | 0% | 10% | PY +10 pplargest gap |
| Corporate Tax | 0% | 10% | PY +10 pp |
| VAT | 0% | 10% | PY +10 pp |
| Capital Gains Tax | 0% | 8% | PY +8 pp |
| 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 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | −10 pp | Paraguay higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −10 pp | Paraguay higher |
Between the two, Paraguay's corporate tax rate (10%) tops British Virgin Islands's (0%) by 10pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| British Virgin Islands | 0% | Source: Government of the Virgin Islands — Inland Revenue Department · as of 2026-07-19 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | −10 pp | Paraguay higher |
Between the two, Paraguay's VAT rate (10%) tops British Virgin Islands's (0%) by 10pp. 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 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | −8 pp | Paraguay higher |
Between the two, Paraguay's capital gains tax rate (8%) tops British Virgin Islands's (0%) by 8pp. 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 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
There's no gap here — British Virgin Islands and Paraguay 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: Crypto Tax.