PS · AsiaPG · Oceania

Palestine vs Papua New Guinea: tax rates compared

Between the two, Papua New Guinea's income tax rate (42%) tops Palestine's (15%) by 27pp. The 200-country average is 28%: Palestine sits below it, Papua New Guinea 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

0102030405060Income15%42%Corporate15%30%VAT10%16%Wealth Tax0%
four shared taxes, side by side
Tax PS PGDifference
Income Tax15%42%PG +27 pplargest gap
Corporate Tax15%30%PG +15 pp
VAT16%10%PS +6 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Difference−27 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Papua New Guinea30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppPapua New Guinea higher

Between the two, Papua New Guinea's corporate tax rate (30%) tops Palestine's (15%) by 15pp. The 201-country average is 22.6%: Palestine sits below it, Papua New Guinea sits above it.

VAT

VAT, side by side
CountryRateSource
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Difference+6 ppPalestine higher

Between the two, Palestine's VAT rate (16%) tops Papua New Guinea's (10%) by 6pp. The 181-country average is 15%: Palestine sits above it, Papua New Guinea sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Palestine and Papua New Guinea both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.