DO · AmericasIQ · Asia

Dominican Republic vs Iraq: tax rates compared

Dominican Republic's income tax rate is 10pp higher than Iraq's (25% vs 15%). The 200-country average is 28%: both sit below it. Dominican Republic's figure is dated 2025-12-05 and Iraq's 2026-06-24, 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

0102030405060Income15%25%Corporate15%27%VAT0%18%Capital Gains0%25%Wealth Tax0%
five shared taxes, side by side
Tax DO IQDifference
Income Tax25%15%DO +10 pp
Corporate Tax27%15%DO +12 pp
VAT18%0%DO +18 pp
Capital Gains Tax25%0%DO +25 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Iraq15%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24
Difference+10 ppDominican Republic higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominican Republic27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Iraq15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+12 ppDominican Republic higher

Dominican Republic's corporate tax rate is 12pp higher than Iraq's (27% vs 15%). The 201-country average is 22.6%: Dominican Republic sits above it, Iraq sits below it.

VAT

VAT, side by side
CountryRateSource
Dominican Republic18%Source: PWC Worldwide Tax Summaries — Dominican Republic (Corporate, Other taxes) · as of 2025-12-05
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24
Difference+18 ppDominican Republic higher

Dominican Republic's VAT rate is 18pp higher than Iraq's (18% vs 0%). The 181-country average is 15%: Dominican Republic sits above it, Iraq sits below it. Dominican Republic's figure is dated 2025-12-05 and Iraq's 2026-06-24, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Dominican Republic25%Source: PwC Worldwide Tax Summaries — Dominican Republic, Individual - Taxes on personal income · as of 2025-12-05
Iraq0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01
Difference+25 ppDominican Republic higher

Dominican Republic's capital gains tax rate is 25pp higher than Iraq's (25% vs 0%). The 175-country average is 10.3%: Dominican Republic sits above it, Iraq sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominican Republic0%Source: PWC Worldwide Tax Summaries — Dominican Republic (Individual, Other taxes) · as of 2025-12-05
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24
Difference0 ppdisplayed rates match

Dominican Republic's wealth tax rate is identical to Iraq's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Dominican Republic's figure is dated 2025-12-05 and Iraq's 2026-06-24, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.