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Canada vs South Africa: tax rates compared

Canada has an income tax rate of 53.5%, 8.5pp above South Africa's 45%. The 200-country average is 28%: both sit above it. Canada's figure is dated 2025-01-01 and South Africa's 2026-03-01, so the two rates come from different data vintages.

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

0102030405060Income45%53.5%Corporate26%27%VAT5%15%Capital Gains18%27.4%Crypto18%27.4%Wealth Tax0%
six shared taxes, side by side
Tax CA ZADifference
Income Tax53.5%45%CA +8.5 pp
Corporate Tax26%27%ZA +1 pp
VAT5%15%ZA +10 pplargest gap
Capital Gains Tax27.4%18%CA +9.4 pp
Crypto Tax27.4%18%CA +9.4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
South Africa45%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01
Difference+8.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Africa27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−1 ppSouth Africa higher

South Africa has a corporate tax rate of 27%, 1pp above Canada's 26%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
South Africa15%Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29
Difference−10 ppSouth Africa higher

South Africa has a VAT rate of 15%, 10pp above Canada's 5%. The 181-country average is 15%: Canada sits below it, South Africa matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Canada27.4%Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12
South Africa18%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29
Difference+9.4 ppCanada higher

Canada has a capital gains tax rate of 27.4%, 9.4pp above South Africa's 18%. The 175-country average is 10.3%: both sit above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Canada27.4%Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13
South Africa18%Source: South African Revenue Service — Crypto Assets & Tax · as of 2026-03-20
Difference+9.4 ppCanada higher

Canada has a crypto tax rate of 27.4%, 9.4pp above South Africa's 18%. The 88-country average is 13%: both sit above it. Canada's figure is dated 2023-12-13 and South Africa's 2026-03-20, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
South Africa0%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

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