KI · OceaniaTH · Asia

Kiribati vs Thailand: tax rates compared

Thailand's income tax rate is 5pp higher than Kiribati's (35% vs 30%). The 200-country average is 28%: both sit above it. Kiribati's figure is dated 2014-01-01 and Thailand's 2026-02-02, so the two rates come from different data vintages.

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

0102030405060Income30%35%Corporate20%35%VAT7%12.5%Wealth Tax0%
four shared taxes, side by side
Tax KI THDifference
Income Tax30%35%TH +5 pp
Corporate Tax35%20%KI +15 pplargest gap
VAT12.5%7%KI +5.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Kiribati30%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference−5 ppThailand higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Kiribati35%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01
Thailand20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+15 ppKiribati higher

Kiribati's corporate tax rate is 15pp higher than Thailand's (35% vs 20%). The 201-country average is 22.6%: Kiribati sits above it, Thailand sits below it. Kiribati's figure is dated 2001-01-01 and Thailand's 2025-01-01, so the two rates come from different data vintages.

VAT

VAT, side by side
CountryRateSource
Kiribati12.5%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Difference+5.5 ppKiribati higher

Kiribati's VAT rate is 5.5pp higher than Thailand's (12.5% vs 7%). The 181-country average is 15%: both sit below it. Kiribati's figure is dated 2024-05-31 and Thailand's 2026-02-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Kiribati0%Source: Kiribati Ministry of Finance and Economic Development — Taxation · as of 2026-07-18
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.