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Cape Verde vs Paraguay: tax rates compared
Cape Verde's income tax rate is 17.5pp higher than Paraguay's (27.5% vs 10%). The 200-country average is 28%: both sit below 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
| Tax | CV | PY | Difference |
|---|---|---|---|
| Income Tax | 27.5% | 10% | CV +17.5 pplargest gap |
| Corporate Tax | 21.4% | 10% | CV +11.4 pp |
| VAT | 15% | 10% | CV +5 pp |
| Capital Gains Tax | 1% | 8% | PY +7 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 27.5% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Taxes on personal income) · as of 2026-05-29 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +17.5 pp | Cape Verde higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 21.4% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +11.4 pp | Cape Verde higher |
Cape Verde's corporate tax rate is 11.4pp higher than Paraguay's (21.4% vs 10%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 15% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Corporate, Other taxes) · as of 2026-05-29 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | +5 pp | Cape Verde higher |
Cape Verde's VAT rate is 5pp higher than Paraguay's (15% vs 10%). The 181-country average is 15%: Cape Verde matches the world average, Paraguay sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 1% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Income determination) · as of 2026-05-29 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | −7 pp | Paraguay higher |
Paraguay's capital gains tax rate is 7pp higher than Cape Verde's (8% vs 1%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 0% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Other taxes) · as of 2026-07-18 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Cape Verde's wealth tax rate is identical to Paraguay's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.