CN · AsiaNZ · Oceania

China vs New Zealand: tax rates compared

China's income tax rate is 6pp higher than New Zealand's (45% vs 39%). 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

0102030405060Income39%45%Corporate25%28%VAT13%15%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax CN NZDifference
Income Tax45%39%CN +6 pplargest gap
Corporate Tax25%28%NZ +3 pp
VAT13%15%NZ +2 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
China45%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31
New Zealand39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+6 ppChina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
New Zealand28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppNew Zealand higher

New Zealand's corporate tax rate is 3pp higher than China's (28% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
China13%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31
New Zealand15%Source: PWC Worldwide Tax Summaries — New Zealand (Corporate, Other taxes) · as of 2026-07-06
Difference−2 ppNew Zealand higher

New Zealand's VAT rate is 2pp higher than China's (15% vs 13%). The 181-country average is 15%: China sits below it, New Zealand matches the world average. China's figure is dated 2025-12-31 and New Zealand's 2026-07-06, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
China0%Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30
New Zealand0%Source: PWC Worldwide Tax Summaries — New Zealand (Individual, Income determination) · as of 2026-07-06
Difference0 ppdisplayed rates match

China's capital gains tax rate is identical to New Zealand's — both sit at 0%. The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and New Zealand's 2026-07-06, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
China0%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31
New Zealand0%Source: PWC Worldwide Tax Summaries — New Zealand (Net wealth/worth tax rates) · as of 2026-07-06
Difference0 ppdisplayed rates match

China's wealth tax rate is identical to New Zealand's — both sit at 0%. The 193-country average is 0.1%: both sit below it. China's figure is dated 2025-12-31 and New Zealand's 2026-07-06, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.