IQ · AsiaTL · Asia

Iraq vs Timor-Leste: tax rates compared

Iraq's income tax rate is 5pp higher than Timor-Leste's (15% vs 10%). The 200-country average is 28%: both sit below it.

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

0102030405060Income10%15%Corporate10%15%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax IQ TLDifference
Income Tax15%10%IQ +5 pp
Corporate Tax15%10%IQ +5 pp
Capital Gains Tax0%10%TL +10 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Iraq15%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference+5 ppIraq higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Iraq15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Timor-Leste10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppIraq higher

Iraq's corporate tax rate is 5pp higher than Timor-Leste's (15% vs 10%). The 201-country average is 22.6%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Iraq0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference−10 ppTimor-Leste higher

Timor-Leste's capital gains tax rate is 10pp higher than Iraq's (10% vs 0%). The 175-country average is 10.3%: both sit below it. Iraq's figure is dated 2025-10-01 and Timor-Leste's 2026-03-05, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24
Timor-Leste0%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Other taxes) · as of 2026-03-05
Difference0 ppdisplayed rates match

Iraq's wealth tax rate is identical to Timor-Leste's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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