CN · AsiaTH · Asia

China vs Thailand: tax rates compared

China has an income tax rate of 45%, 10pp above Thailand's 35%. The 200-country average is 28%: both sit above it. China's figure is dated 2025-12-31 and Thailand's 2026-02-02, 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

0102030405060Income35%45%Corporate20%25%VAT7%13%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax CN THDifference
Income Tax45%35%CN +10 pplargest gap
Corporate Tax25%20%CN +5 pp
VAT13%7%CN +6 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
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference+10 ppChina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Thailand20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppChina higher

China has a corporate tax rate of 25%, 5pp above Thailand's 20%. The 201-country average is 22.6%: China sits above it, Thailand sits below 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
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Difference+6 ppChina higher

China has a VAT rate of 13%, 6pp above Thailand's 7%. The 181-country average is 15%: both sit below it. China's figure is dated 2025-12-31 and Thailand's 2026-02-02, 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
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference0 ppdisplayed rates match

China and Thailand share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and Thailand's 2026-02-02, 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
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

China and Thailand share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. China's figure is dated 2025-12-31 and Thailand's 2026-02-02, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.