PG · OceaniaTR · Asia

Papua New Guinea vs Türkiye: tax rates compared

Papua New Guinea's income tax rate is 1.2pp higher than Türkiye's (42% vs 40.8%). The 200-country average is 28%: both sit above it. Papua New Guinea's figure is dated 2026-03-27 and Türkiye's 2025-01-01, so the two rates come from different data vintages.

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

0102030405060Income40.8%42%Corporate25%30%VAT10%20%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax PG TRDifference
Income Tax42%40.8%PG +1.2 pp
Corporate Tax30%25%PG +5 pp
VAT10%20%TR +10 pplargest gap
Capital Gains Tax0%0%match
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
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+1.2 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
Türkiye25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppPapua New Guinea higher

Papua New Guinea's corporate tax rate is 5pp higher than Türkiye's (30% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Papua New Guinea10%Source: PWC Worldwide Tax Summaries — Papua New Guinea (Corporate, Other taxes) · as of 2026-03-27
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference−10 ppTürkiye higher

Türkiye's VAT rate is 10pp higher than Papua New Guinea's (20% vs 10%). The 181-country average is 15%: Papua New Guinea sits below it, Türkiye sits above 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
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference0 ppdisplayed rates match

Papua New Guinea's capital gains tax rate is identical to Türkiye's — both sit at 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
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

Papua New Guinea's wealth tax rate is identical to Türkiye's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.