JP · AsiaPY · Americas
Japan vs Paraguay: tax rates compared
Japan's income tax rate is 45.9pp higher than Paraguay's (55.9% vs 10%). The 200-country average is 28%: Japan sits above it, Paraguay sits below it. Japan's figure is dated 2025-01-01 and Paraguay's 2026-02-07, 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
| Tax | JP | PY | Difference |
|---|---|---|---|
| Income Tax | 55.9% | 10% | JP +45.9 pplargest gap |
| Corporate Tax | 29.7% | 10% | JP +19.7 pp |
| VAT | 10% | 10% | match |
| Capital Gains Tax | 20.3% | 8% | JP +12.3 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Japan | 55.9% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +45.9 pp | Japan higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Japan | 29.7% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +19.7 pp | Japan higher |
Japan's corporate tax rate is 19.7pp higher than Paraguay's (29.7% vs 10%). The 201-country average is 22.6%: Japan sits above it, Paraguay sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Japan | 10% | Source: PWC Worldwide Tax Summaries — Japan (Corporate, Other taxes) · as of 2026-01-13 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Japan's VAT rate is identical to Paraguay's — both sit at 10%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Japan | 20.3% | Source: PWC Worldwide Tax Summaries — Japan (Individual, Income determination) · as of 2026-01-13 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +12.3 pp | Japan higher |
Japan's capital gains tax rate is 12.3pp higher than Paraguay's (20.3% vs 8%). The 175-country average is 10.3%: Japan sits above it, Paraguay sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Japan | 0% | Source: PWC Worldwide Tax Summaries — Japan (Individual, Other taxes) · as of 2026-01-13 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Japan's wealth tax rate is identical to Paraguay's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.