IQ · Asia ↔ MY · Asia

Iraq vs Malaysia: tax rates compared

Between the two, Malaysia's corporate tax rate (24%) tops Iraq's (15%) by 9pp. The 201-country average is 22.6%: Iraq sits below it, Malaysia sits above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%IQ 15%MY 24%
Corporate Tax, side by side
CountryRateSource
Iraq15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Malaysia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−9 ppMalaysia higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%IQ 0%MY 0%
Wealth Tax, side by side
CountryRateSource
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24
Malaysia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.