CA · AmericasZW · Africa

Canada vs Zimbabwe: tax rates compared

Canada's income tax rate is 13.5pp higher than Zimbabwe's (53.5% vs 40%). The 200-country average is 28%: both sit above it.

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

0102030405060Income40%53.5%Corporate25.8%26%VAT5%15.5%Capital Gains1%27.4%Wealth Tax0%
five shared taxes, side by side
Tax CA ZWDifference
Income Tax53.5%40%CA +13.5 pp
Corporate Tax26%25.8%CA +0.2 pp
VAT5%15.5%ZW +10.5 pp
Capital Gains Tax27.4%1%CA +26.4 pplargest gap
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
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference+13.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zimbabwe25.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+0.2 ppCanada higher

Canada's corporate tax rate is 0.2pp higher than Zimbabwe's (26% vs 25.8%). 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
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference−10.5 ppZimbabwe higher

Zimbabwe's VAT rate is 10.5pp higher than Canada's (15.5% vs 5%). The 181-country average is 15%: Canada sits below it, Zimbabwe sits above it.

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
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference+26.4 ppCanada higher

Canada's capital gains tax rate is 26.4pp higher than Zimbabwe's (27.4% vs 1%). The 175-country average is 10.3%: Canada sits above it, Zimbabwe sits below it. Canada's figure is dated 2026-06-12 and Zimbabwe's 2025-01-01, 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
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

Canada's wealth tax rate is identical to Zimbabwe's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.