PG · OceaniaPY · Americas
Papua New Guinea vs Paraguay: tax rates compared
Papua New Guinea's income tax rate is 32pp higher than Paraguay's (42% vs 10%). The 200-country average is 28%: Papua New Guinea sits above it, Paraguay sits below 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
| Tax | PG | PY | Difference |
|---|---|---|---|
| Income Tax | 42% | 10% | PG +32 pplargest gap |
| Corporate Tax | 30% | 10% | PG +20 pp |
| VAT | 10% | 10% | match |
| Capital Gains Tax | 0% | 8% | PY +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Papua New Guinea | 42% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | +32 pp | Papua New Guinea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Papua New Guinea | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +20 pp | Papua New Guinea higher |
Papua New Guinea's corporate tax rate is 20pp higher than Paraguay's (30% vs 10%). The 201-country average is 22.6%: Papua New Guinea sits above it, Paraguay sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Papua New Guinea | 10% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27 |
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Papua New Guinea's VAT rate is identical to Paraguay's — both sit at 10%. The 181-country average is 15%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27 |
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Difference | −8 pp | Paraguay higher |
Paraguay's capital gains tax rate is 8pp higher than Papua New Guinea's (8% vs 0%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Papua New Guinea | 0% | Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27 |
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Difference | 0 pp | displayed rates match |
Papua New Guinea's wealth tax rate is identical to Paraguay's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.