CA · AmericasPE · Americas
Canada vs Peru: tax rates compared
Between the two, Canada's income tax rate (53.5%) tops Peru's (30%) by 23.5pp. The 200-country average is 28%: both sit above it. Canada's figure is dated 2025-01-01 and Peru's 2026-07-13, so the two rates come from different data vintages.
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 | CA | PE | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 30% | CA +23.5 pplargest gap |
| Corporate Tax | 26% | 29.5% | PE +3.5 pp |
| VAT | 5% | 18% | PE +13 pp |
| Capital Gains Tax | 27.4% | 5% | CA +22.4 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 |
| Peru | 30% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13 |
| Difference | +23.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −3.5 pp | Peru higher |
Between the two, Peru's corporate tax rate (29.5%) tops Canada's (26%) by 3.5pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Peru | 18% | Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −13 pp | Peru higher |
Between the two, Peru's VAT rate (18%) tops Canada's (5%) by 13pp. The 181-country average is 15%: Canada sits below it, Peru sits above it.
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 |
| Peru | 5% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13 |
| Difference | +22.4 pp | Canada higher |
Between the two, Canada's capital gains tax rate (27.4%) tops Peru's (5%) by 22.4pp. The 175-country average is 10.3%: Canada sits above it, Peru sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Peru | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Canada and Peru both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Canada's figure is dated 2026-06-12 and Peru's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.