HK · AsiaPS · Asia
Hong Kong vs Palestine: tax rates compared
Between the two, Hong Kong's income tax rate (17%) tops Palestine's (15%) by 2pp. The 200-country average is 28%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Palestine's 2026-02-09, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | HK | PS | Difference |
|---|---|---|---|
| Income Tax | 17% | 15% | HK +2 pp |
| Corporate Tax | 16.5% | 15% | HK +1.5 pp |
| VAT | 0% | 16% | PS +16 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 17% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31 |
| Palestine | 15% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09 |
| Difference | +2 pp | Hong Kong higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 16.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Palestine | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +1.5 pp | Hong Kong higher |
Between the two, Hong Kong's corporate tax rate (16.5%) tops Palestine's (15%) by 1.5pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31 |
| Palestine | 16% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09 |
| Difference | −16 pp | Palestine higher |
Between the two, Palestine's VAT rate (16%) tops Hong Kong's (0%) by 16pp. The 181-country average is 15%: Hong Kong sits below it, Palestine sits above it. Hong Kong's figure is dated 2025-12-31 and Palestine's 2026-02-09, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31 |
| Palestine | 0% | Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Hong Kong and Palestine both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Palestine's 2026-02-09, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.