LY · AfricaMY · Asia
Libya vs Malaysia: tax rates compared
Malaysia's income tax rate is 20pp higher than Libya's (30% vs 10%). The 200-country average is 28%: Libya sits below it, Malaysia sits above 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
| Tax | LY | MY | Difference |
|---|---|---|---|
| Income Tax | 10% | 30% | MY +20 pplargest gap |
| Corporate Tax | 20% | 24% | MY +4 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Libya | 10% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Malaysia | 30% | Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16 |
| Difference | −20 pp | Malaysia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Libya | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Malaysia | 24% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −4 pp | Malaysia higher |
Malaysia's corporate tax rate is 4pp higher than Libya's (24% vs 20%). The 201-country average is 22.6%: Libya sits below it, Malaysia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Libya (Individual, Taxes on personal income) · as of 2026-05-31 |
| Malaysia | 0% | Source: PwC Worldwide Tax Summaries — Malaysia (Individual, Income determination) · as of 2026-06-16 |
| Difference | 0 pp | displayed rates match |
Libya's capital gains tax rate is identical to Malaysia's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Libya | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-31 |
| Malaysia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16 |
| Difference | 0 pp | displayed rates match |
Libya's wealth tax rate is identical to Malaysia'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.