JP · AsiaPG · Oceania

Japan vs Papua New Guinea: tax rates compared

Japan's income tax rate is 13.9pp higher than Papua New Guinea's (55.9% vs 42%). The 200-country average is 28%: both sit above it. Japan's figure is dated 2025-01-01 and Papua New Guinea's 2026-03-27, so the two rates come from different data vintages.

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

0102030405060Income42%55.9%Corporate29.7%30%VAT10%Capital Gains0%20.3%Wealth Tax0%
five shared taxes, side by side
Tax JP PGDifference
Income Tax55.9%42%JP +13.9 pp
Corporate Tax29.7%30%PG +0.3 pp
VAT10%10%match
Capital Gains Tax20.3%0%JP +20.3 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Japan55.9%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference+13.9 ppJapan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Japan29.7%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Papua New Guinea30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.3 ppPapua New Guinea higher

Papua New Guinea's corporate tax rate is 0.3pp higher than Japan's (30% vs 29.7%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Japan10%Source: PWC Worldwide Tax Summaries — Japan (Corporate, Other taxes) · as of 2026-01-13
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Japan's VAT rate is identical to Papua New Guinea's — both sit at 10%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Japan20.3%Source: PWC Worldwide Tax Summaries — Japan (Individual, Income determination) · as of 2026-01-13
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Difference+20.3 ppJapan higher

Japan's capital gains tax rate is 20.3pp higher than Papua New Guinea's (20.3% vs 0%). The 175-country average is 10.3%: Japan sits above it, Papua New Guinea sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Japan0%Source: PWC Worldwide Tax Summaries — Japan (Individual, Other taxes) · as of 2026-01-13
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Japan's wealth tax rate is identical to Papua New Guinea's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.