MY · AsiaZA · Africa

Malaysia vs South Africa: tax rates compared

South Africa's income tax rate is 15pp higher than Malaysia's (45% vs 30%). The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income30%45%Corporate24%27%Capital Gains0%18%Crypto0%18%Wealth Tax0%
five shared taxes, side by side
Tax MY ZADifference
Income Tax30%45%ZA +15 pp
Corporate Tax24%27%ZA +3 pp
Capital Gains Tax0%18%ZA +18 pplargest gap
Crypto Tax0%18%ZA +18 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Malaysia30%Source: PWC Worldwide Tax Summaries — Malaysia (Individual, Taxes on personal income) · as of 2026-06-16
South Africa45%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01
Difference−15 ppSouth Africa higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Malaysia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Africa27%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppSouth Africa higher

South Africa's corporate tax rate is 3pp higher than Malaysia's (27% vs 24%). The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Malaysia0%Source: PwC Worldwide Tax Summaries — Malaysia (Individual, Income determination) · as of 2026-06-16
South Africa18%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29
Difference−18 ppSouth Africa higher

South Africa's capital gains tax rate is 18pp higher than Malaysia's (18% vs 0%). The 175-country average is 10.3%: Malaysia sits below it, South Africa sits above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Malaysia0%Source: Inland Revenue Board of Malaysia (LHDN) — Guidelines on Tax Treatment on Digital Currency Transaction (2nd Edition) · as of 2025-12-05
South Africa18%Source: South African Revenue Service — Crypto Assets & Tax · as of 2026-03-20
Difference−18 ppSouth Africa higher

South Africa's crypto tax rate is 18pp higher than Malaysia's (18% vs 0%). The 88-country average is 13%: Malaysia sits below it, South Africa sits above it. Malaysia's figure is dated 2025-12-05 and South Africa's 2026-03-20, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Malaysia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-16
South Africa0%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: VAT.