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Lithuania vs Thailand: tax rates compared

Thailand's income tax rate is 3pp higher than Lithuania's (35% vs 32%). The 200-country average is 28%: both sit above it. Lithuania's figure is dated 2025-01-01 and Thailand's 2026-02-02, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income32%35%Corporate16%20%VAT7%21%Capital Gains0%20%Crypto15%20%Wealth Tax0%
six shared taxes, side by side
Tax LT THDifference
Income Tax32%35%TH +3 pp
Corporate Tax16%20%TH +4 pp
VAT21%7%LT +14 pp
Capital Gains Tax20%0%LT +20 pplargest gap
Crypto Tax20%15%LT +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Lithuania32%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference−3 ppThailand higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Lithuania16%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Thailand20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−4 ppThailand higher

Thailand's corporate tax rate is 4pp higher than Lithuania's (20% vs 16%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Lithuania21%Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Difference+14 ppLithuania higher

Lithuania's VAT rate is 14pp higher than Thailand's (21% vs 7%). The 181-country average is 15%: Lithuania sits above it, Thailand sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Lithuania20%Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference+20 ppLithuania higher

Lithuania's capital gains tax rate is 20pp higher than Thailand's (20% vs 0%). The 175-country average is 10.3%: Lithuania sits above it, Thailand sits below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Lithuania20%Source: Valstybinė mokesčių inspekcija (VMI) — Kriptovaliutų apskaita ir mokesčiai · as of 2025-09-30
Thailand15%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference+5 ppLithuania higher

Lithuania's crypto tax rate is 5pp higher than Thailand's (20% vs 15%). The 88-country average is 13%: both sit above it. Lithuania's figure is dated 2025-09-30 and Thailand's 2026-02-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Lithuania0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

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