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Malawi vs Malaysia: tax rates compared

Malawi's income tax rate is 10pp higher than Malaysia's (40% vs 30%). The 200-country average is 28%: both sit above it. Malawi's figure is dated 2025-12-30 and Malaysia's 2026-06-16, 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%40%Corporate24%30%Capital Gains0%40%Wealth Tax0%
four shared taxes, side by side
Tax MW MYDifference
Income Tax40%30%MW +10 pp
Corporate Tax30%24%MW +6 pp
Capital Gains Tax40%0%MW +40 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Malawi40%Source: Taxation (Amendment) (No. 2) Act, 2025 (Malawi Revenue Authority) · as of 2025-12-30
Malaysia30%Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16
Difference+10 ppMalawi higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malawi30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Malaysia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+6 ppMalawi higher

Malawi's corporate tax rate is 6pp higher than Malaysia's (30% vs 24%). The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Malawi40%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Malawi · as of 2025-10-01
Malaysia0%Source: PwC Worldwide Tax Summaries — Malaysia (Individual, Income determination) · as of 2026-06-16
Difference+40 ppMalawi higher

Malawi's capital gains tax rate is 40pp higher than Malaysia's (40% vs 0%). The 175-country average is 10.3%: Malawi sits above it, Malaysia sits below it. Malawi's figure is dated 2025-10-01 and Malaysia's 2026-06-16, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Malawi0%Source: Malawi Legal Information Institute — Taxation Act (Chapter 41:01) · as of 2026-07-18
Malaysia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16
Difference0 ppdisplayed rates match

Malawi'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.