MY · AsiaPS · Asia
Malaysia vs Palestine: tax rates compared
Malaysia's income tax rate is 15pp higher than Palestine's (30% vs 15%). The 200-country average is 28%: Malaysia sits above it, Palestine sits below it.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MY | PS | Difference |
|---|---|---|---|
| Income Tax | 30% | 15% | MY +15 pplargest gap |
| Corporate Tax | 24% | 15% | MY +9 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Malaysia | 30% | Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16 |
| Palestine | 15% | Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09 |
| Difference | +15 pp | Malaysia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Malaysia | 24% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Palestine | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9 pp | Malaysia higher |
Malaysia's corporate tax rate is 9pp higher than Palestine's (24% vs 15%). The 201-country average is 22.6%: Malaysia sits above it, Palestine sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Malaysia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16 |
| Palestine | 0% | Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
Malaysia's wealth tax rate is identical to Palestine's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.