CN · AsiaZW · Africa

China vs Zimbabwe: tax rates compared

China's income tax rate is 5pp higher than Zimbabwe's (45% 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%45%Corporate25%25.8%VAT13%15.5%Capital Gains0%1%Wealth Tax0%
five shared taxes, side by side
Tax CN ZWDifference
Income Tax45%40%CN +5 pplargest gap
Corporate Tax25%25.8%ZW +0.8 pp
VAT13%15.5%ZW +2.5 pp
Capital Gains Tax0%1%ZW +1 pp
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
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference+5 ppChina higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%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−0.8 ppZimbabwe higher

Zimbabwe's corporate tax rate is 0.8pp higher than China's (25.8% 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
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference−2.5 ppZimbabwe higher

Zimbabwe's VAT rate is 2.5pp higher than China's (15.5% vs 13%). The 181-country average is 15%: China sits below it, Zimbabwe sits above it. China's figure is dated 2025-12-31 and Zimbabwe's 2026-01-01, 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
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference−1 ppZimbabwe higher

Zimbabwe's capital gains tax rate is 1pp higher than China's (1% vs 0%). The 175-country average is 10.3%: both sit below it. China's figure is dated 1998-03-30 and Zimbabwe's 2025-01-01, 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
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

China's wealth tax rate is identical to Zimbabwe'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 Zimbabwe's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.