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Iraq vs Peru: tax rates compared
Peru's income tax rate is 15pp higher than Iraq's (30% vs 15%). The 200-country average is 28%: Iraq sits below it, Peru 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
| Tax | IQ | PE | Difference |
|---|---|---|---|
| Income Tax | 15% | 30% | PE +15 pp |
| Corporate Tax | 15% | 29.5% | PE +14.5 pp |
| VAT | 0% | 18% | PE +18 pplargest gap |
| Capital Gains Tax | 0% | 5% | PE +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24 |
| Peru | 30% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13 |
| Difference | −15 pp | Peru higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −14.5 pp | Peru higher |
Peru's corporate tax rate is 14.5pp higher than Iraq's (29.5% vs 15%). The 201-country average is 22.6%: Iraq sits below it, Peru sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24 |
| Peru | 18% | Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −18 pp | Peru higher |
Peru's VAT rate is 18pp higher than Iraq's (18% vs 0%). The 181-country average is 15%: Iraq sits below it, Peru sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01 |
| Peru | 5% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13 |
| Difference | −5 pp | Peru higher |
Peru's capital gains tax rate is 5pp higher than Iraq's (5% vs 0%). The 175-country average is 10.3%: both sit below it. Iraq's figure is dated 2025-10-01 and Peru's 2026-07-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24 |
| Peru | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
Iraq's wealth tax rate is identical to Peru's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Iraq's figure is dated 2026-06-24 and Peru's 2025-10-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.