CA · AmericasHK · Asia
Canada vs Hong Kong: tax rates compared
Canada's income tax rate is 36.5pp higher than Hong Kong's (53.5% vs 17%). The 200-country average is 28%: Canada sits above it, Hong Kong sits below it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CA | HK | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 17% | CA +36.5 pplargest gap |
| Corporate Tax | 26% | 16.5% | CA +9.5 pp |
| VAT | 5% | 0% | CA +5 pp |
| Capital Gains Tax | 27.4% | 0% | CA +27.4 pp |
| Crypto Tax | 27.4% | 0% | CA +27.4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Hong Kong | 17% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | +36.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Hong Kong | 16.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9.5 pp | Canada higher |
Canada's corporate tax rate is 9.5pp higher than Hong Kong's (26% vs 16.5%). The 201-country average is 22.6%: Canada sits above it, Hong Kong sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | +5 pp | Canada higher |
Canada's VAT rate is 5pp higher than Hong Kong's (5% vs 0%). The 181-country average is 15%: both sit below it. Canada's figure is dated 2026-06-12 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Income determination) · as of 2025-12-31 |
| Difference | +27.4 pp | Canada higher |
Canada's capital gains tax rate is 27.4pp higher than Hong Kong's (27.4% vs 0%). The 175-country average is 10.3%: Canada sits above it, Hong Kong sits below it. Canada's figure is dated 2026-06-12 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| Hong Kong | 0% | Source: Hong Kong Inland Revenue Department — Departmental Interpretation and Practice Notes No. 39 (Revised): Digital Economy, Electronic Commerce and Digital Assets · as of 2020-03-01 |
| Difference | +27.4 pp | Canada higher |
Canada's crypto tax rate is 27.4pp higher than Hong Kong's (27.4% vs 0%). The 88-country average is 13%: Canada sits above it, Hong Kong sits below it. Canada's figure is dated 2023-12-13 and Hong Kong's 2020-03-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31 |
| Difference | 0 pp | displayed rates match |
Canada's wealth tax rate is identical to Hong Kong's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Canada's figure is dated 2026-06-12 and Hong Kong's 2025-12-31, so the two rates come from different data vintages.