PG · OceaniaTL · Asia

Papua New Guinea vs Timor-Leste: tax rates compared

Papua New Guinea has an income tax rate of 42%, 32pp above Timor-Leste's 10%. The 200-country average is 28%: Papua New Guinea sits above it, Timor-Leste sits below 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

0102030405060Income10%42%Corporate10%30%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax PG TLDifference
Income Tax42%10%PG +32 pplargest gap
Corporate Tax30%10%PG +20 pp
Capital Gains Tax0%10%TL +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Papua New Guinea42%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Taxes on personal income) · as of 2026-03-27
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference+32 ppPapua New Guinea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Papua New Guinea30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Timor-Leste10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+20 ppPapua New Guinea higher

Papua New Guinea has a corporate tax rate of 30%, 20pp above Timor-Leste's 10%. The 201-country average is 22.6%: Papua New Guinea sits above it, Timor-Leste sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Income determination) · as of 2026-03-27
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference−10 ppTimor-Leste higher

Timor-Leste has a capital gains tax rate of 10%, 10pp above Papua New Guinea's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Papua New Guinea0%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Individual, Other taxes) · as of 2026-03-27
Timor-Leste0%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Other taxes) · as of 2026-03-05
Difference0 ppdisplayed rates match

Papua New Guinea and Timor-Leste share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: VAT, Crypto Tax.