BG · EuropePG · Oceania

Bulgaria vs Papua New Guinea: tax rates compared

Papua New Guinea's income tax rate is 32pp higher than Bulgaria's (42% vs 10%). The 200-country average is 28%: Bulgaria 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

0102030405060Income10%42%Corporate10%30%VAT10%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax BG PGDifference
Income Tax10%42%PG +32 pplargest gap
Corporate Tax10%30%PG +20 pp
VAT20%10%BG +10 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Bulgaria10%Source: PWC Worldwide Tax Summaries — Bulgaria (Individual, Taxes on personal income) · as of 2026-01-30
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference−32 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Bulgaria10%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−20 ppPapua New Guinea higher

Papua New Guinea's corporate tax rate is 20pp higher than Bulgaria's (30% vs 10%). The 201-country average is 22.6%: Bulgaria sits below it, Papua New Guinea sits above it.

VAT

VAT, side by side
CountryRateSource
Bulgaria20%Source: PWC Worldwide Tax Summaries — Bulgaria (Corporate, Other taxes) · as of 2026-01-30
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+10 ppBulgaria higher

Bulgaria's VAT rate is 10pp higher than Papua New Guinea's (20% vs 10%). The 181-country average is 15%: Bulgaria sits above it, Papua New Guinea sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Bulgaria0%Source: PWC Worldwide Tax Summaries — Bulgaria (Individual, Income determination) · as of 2026-01-30
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference0 ppdisplayed rates match

Bulgaria'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

Wealth Tax, side by side
CountryRateSource
Bulgaria0%Source: PWC Worldwide Tax Summaries — Bulgaria (Net wealth/worth tax rates) · as of 2026-01-30
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Bulgaria'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.