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Canada vs Tuvalu: tax rates compared

Canada has an income tax rate of 53.5%, 23.5pp above Tuvalu's 30%. The 200-country average is 28%: both sit above it. Canada's figure is dated 2025-01-01 and Tuvalu's 2023-07-21, 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

0102030405060Income30%53.5%VAT4%5%Capital Gains0%27.4%Crypto0%27.4%Wealth Tax0%
five shared taxes, side by side
Tax CA TVDifference
Income Tax53.5%30%CA +23.5 pp
VAT5%4%CA +1 pp
Capital Gains Tax27.4%0%CA +27.4 pplargest gap
Crypto Tax27.4%0%CA +27.4 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
Tuvalu30%Source: Tuvalu Legislation (official government legislation portal) — Income Tax Act, CAP. 26.16 (2022 Revised Edition), Schedule 6 · as of 2023-07-21
Difference+23.5 ppCanada higher

VAT

VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Tuvalu4%Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19
Difference+1 ppCanada higher

Canada has a VAT rate of 5%, 1pp above Tuvalu's 4%. The 181-country average is 15%: both sit below it. Canada's figure is dated 2026-06-12 and Tuvalu's 2011-12-19, so the two rates come from different data vintages.

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
Tuvalu0%Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31
Difference+27.4 ppCanada higher

Canada has a capital gains tax rate of 27.4%, 27.4pp above Tuvalu's 0%. The 175-country average is 10.3%: Canada sits above it, Tuvalu sits below it. Canada's figure is dated 2026-06-12 and Tuvalu's 2022-12-31, so the two rates come from different data vintages.

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
Tuvalu0%Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31
Difference+27.4 ppCanada higher

Canada has a crypto tax rate of 27.4%, 27.4pp above Tuvalu's 0%. The 88-country average is 13%: Canada sits above it, Tuvalu sits below it. Canada's figure is dated 2023-12-13 and Tuvalu's 2022-12-31, 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
Tuvalu0%Source: Tuvalu Income Tax Act 1992 (principal direct-tax statute), via International Center for Not-for-Profit Law mirror · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Corporate Tax.