HN · AmericasPY · Americas
Honduras vs Paraguay: tax rates compared
Honduras's income tax rate is 15pp higher than Paraguay's (25% vs 10%). The 200-country average is 28%: both sit below 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
| Tax | HN | PY | Difference |
|---|---|---|---|
| Income Tax | 25% | 10% | HN +15 pp |
| Corporate Tax | 30% | 10% | HN +20 pplargest gap |
| VAT | 15% | 10% | HN +5 pp |
| Capital Gains Tax | 10% | 8% | HN +2 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Honduras | 25% | Source: PWC Worldwide Tax Summaries — Honduras (Individual, Taxes on personal income) · as of 2026-02-27 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +15 pp | Honduras higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Honduras | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +20 pp | Honduras higher |
Honduras's corporate tax rate is 20pp higher than Paraguay's (30% vs 10%). The 201-country average is 22.6%: Honduras sits above it, Paraguay sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Honduras | 15% | Source: PWC Worldwide Tax Summaries — Honduras (Corporate, Other taxes) · as of 2026-02-27 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | +5 pp | Honduras higher |
Honduras's VAT rate is 5pp higher than Paraguay's (15% vs 10%). The 181-country average is 15%: Honduras matches the world average, Paraguay sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Honduras | 10% | Source: PWC Worldwide Tax Summaries — Honduras (Individual, Income determination) · as of 2026-02-27 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +2 pp | Honduras higher |
Honduras's capital gains tax rate is 2pp higher than Paraguay's (10% vs 8%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Honduras | 0% | Source: Servicio de Administración de Rentas (SAR), Honduras · as of 2026-07-18 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Honduras's wealth tax rate is identical to Paraguay's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.