GE · AsiaTH · Asia

Georgia vs Thailand: tax rates compared

Between the two, Thailand's income tax rate (35%) tops Georgia's (20%) by 15pp. The 200-country average is 28%: Georgia sits below it, Thailand sits above it.

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

0102030405060Income20%35%Corporate15%20%VAT7%18%Capital Gains0%Crypto0%15%Wealth Tax0%
six shared taxes, side by side
Tax GE THDifference
Income Tax20%35%TH +15 pplargest gap
Corporate Tax15%20%TH +5 pp
VAT18%7%GE +11 pp
Capital Gains Tax0%0%match
Crypto Tax0%15%TH +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Georgia20%Source: Tax Code of Georgia (Legislative Herald of Georgia / matsne.gov.ge), Article 81 · as of 2026-04-01
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference−15 ppThailand higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Georgia15%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 ppThailand higher

Between the two, Thailand's corporate tax rate (20%) tops Georgia's (15%) by 5pp. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Georgia18%Source: PWC Worldwide Tax Summaries — Georgia (Corporate, Other taxes) · as of 2026-01-21
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Difference+11 ppGeorgia higher

Between the two, Georgia's VAT rate (18%) tops Thailand's (7%) by 11pp. The 181-country average is 15%: Georgia sits above it, Thailand sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Georgia0%Source: Tax Code of Georgia (Legislative Herald of Georgia / matsne.gov.ge), Articles 81-82 · as of 2026-04-01
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference0 ppdisplayed rates match

There's no gap here — Georgia 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
Georgia0%Source: Ministry of Finance of Georgia — Public Ruling No. 201 (28 June 2019), on the taxation of crypto-assets · as of 2019-06-28
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 Georgia's (0%) by 15pp. The 88-country average is 13%: Georgia sits below it, Thailand sits above it. Georgia's figure is dated 2019-06-28 and Thailand's 2026-02-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Georgia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-21
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

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