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Honduras vs Thailand: tax rates compared

Thailand has an income tax rate of 35%, 10pp above Honduras's 25%. The 200-country average is 28%: Honduras sits below it, Thailand sits 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

0102030405060Income25%35%Corporate20%30%VAT7%15%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax HN THDifference
Income Tax25%35%TH +10 pplargest gap
Corporate Tax30%20%HN +10 pp
VAT15%7%HN +8 pp
Capital Gains Tax10%0%HN +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Honduras25%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Taxes on personal income) · as of 2026-02-27
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference−10 ppThailand higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Honduras30%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+10 ppHonduras higher

Honduras has a corporate tax rate of 30%, 10pp above Thailand's 20%. The 201-country average is 22.6%: Honduras sits above it, Thailand sits below it.

VAT

VAT, side by side
CountryRateSource
Honduras15%Source: PWC Worldwide Tax Summaries — Honduras (Corporate, Other taxes) · as of 2026-02-27
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Difference+8 ppHonduras higher

Honduras has a VAT rate of 15%, 8pp above Thailand's 7%. The 181-country average is 15%: Honduras matches the world average, Thailand sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Honduras10%Source: PWC Worldwide Tax Summaries — Honduras (Individual, Income determination) · as of 2026-02-27
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference+10 ppHonduras higher

Honduras has a capital gains tax rate of 10%, 10pp above Thailand's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Honduras0%Source: Servicio de Administración de Rentas (SAR), Honduras · as of 2026-07-18
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

Honduras and Thailand share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.