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Dominica vs Thailand: tax rates compared

There's no gap here — Dominica and Thailand both post an income tax rate of 35%. The 200-country average is 28%: both sit above it. Dominica's figure is dated 2018-01-01 and Thailand's 2026-02-02, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income35%Corporate20%25%VAT7%15%Capital Gains0%Crypto0%15%Wealth Tax0%
six shared taxes, side by side
Tax DM THDifference
Income Tax35%35%match
Corporate Tax25%20%DM +5 pp
VAT15%7%DM +8 pp
Capital Gains Tax0%0%match
Crypto Tax0%15%TH +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominica35%Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominica25%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 ppDominica higher

Between the two, Dominica's corporate tax rate (25%) tops Thailand's (20%) by 5pp. The 201-country average is 22.6%: Dominica sits above it, Thailand sits below it.

VAT

VAT, side by side
CountryRateSource
Dominica15%Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Difference+8 ppDominica higher

Between the two, Dominica's VAT rate (15%) tops Thailand's (7%) by 8pp. The 181-country average is 15%: Dominica matches the world average, Thailand sits below it. Dominica's figure is dated 2006-03-01 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
Dominica0%Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax / Current Income Tax Rates · as of 2026-07-19
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference0 ppdisplayed rates match

There's no gap here — Dominica and Thailand both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Dominica0%Source: Commonwealth of Dominica Inland Revenue Division — Personal Income Tax · as of 2026-07-19
Thailand15%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference−15 ppThailand higher

Between the two, Thailand's crypto tax rate (15%) tops Dominica's (0%) by 15pp. The 88-country average is 13%: Dominica sits below it, Thailand sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominica0%Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

There's no gap here — Dominica and Thailand both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.