JE · EuropePY · Americas

Jersey vs Paraguay: tax rates compared

Between the two, Jersey's income tax rate (20%) tops Paraguay's (10%) by 10pp. The 200-country average is 28%: both sit below 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

0102030405060Income10%20%Corporate0%10%VAT5%10%Capital Gains0%8%Wealth Tax0%
five shared taxes, side by side
Tax JE PYDifference
Income Tax20%10%JE +10 pplargest gap
Corporate Tax0%10%PY +10 pp
VAT5%10%PY +5 pp
Capital Gains Tax0%8%PY +8 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Jersey20%Source: PWC Worldwide Tax Summaries — Jersey, Channel Islands (Individual, Taxes on personal income) · as of 2026-02-02
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Difference+10 ppJersey higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Jersey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Paraguay10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppParaguay higher

Between the two, Paraguay's corporate tax rate (10%) tops Jersey's (0%) by 10pp. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Jersey5%Source: PWC Worldwide Tax Summaries — Jersey (Corporate, Other taxes) · as of 2026-02-02
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07
Difference−5 ppParaguay higher

Between the two, Paraguay's VAT rate (10%) tops Jersey's (5%) by 5pp. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Income determination) · as of 2026-02-02
Paraguay8%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
Difference−8 ppParaguay higher

Between the two, Paraguay's capital gains tax rate (8%) tops Jersey's (0%) by 8pp. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Other taxes) · as of 2026-02-02
Paraguay0%Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07
Difference0 ppdisplayed rates match

There's no gap here — Jersey and Paraguay 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: Crypto Tax.