TaxGlass

CA · Americas ↔ LT · Europe

Canada vs Lithuania: tax rates compared

Canada has an income tax rate of 53.5%, 21.5pp above Lithuania's 32%. The 37-country average is 43.2%: Canada sits above it, Lithuania 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.

Income Tax

0102030405060World avg 43.2%CA 53.5%LT 32%
Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Lithuania32%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+21.5 ppCanada higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%CA 26%LT 16%
Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Lithuania16%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppCanada higher

Canada has a corporate tax rate of 26%, 10pp above Lithuania's 16%. The 201-country average is 22.6%: Canada sits above it, Lithuania sits below it.

VAT

0102030405060World avg 19.5%CA 5%LT 21%
VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Lithuania21%Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10
Difference−16 ppLithuania higher

Lithuania has a VAT rate of 21%, 16pp above Canada's 5%. The 37-country average is 19.5%: Canada sits below it, Lithuania sits above it.

Wealth Tax

0102030405060World avg 0.1%CA 0%LT 0%
Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Lithuania0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10
Difference0 ppdisplayed rates match

Canada and Lithuania share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.