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Paraguay vs South Africa: tax rates compared

South Africa has an income tax rate of 45%, 35pp above Paraguay's 10%. The 200-country average is 28%: Paraguay sits below it, South Africa sits 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

0102030405060Income10%45%Corporate10%27%VAT10%15%Capital Gains8%18%Wealth Tax0%
five shared taxes, side by side
Tax PY ZADifference
Income Tax10%45%ZA +35 pplargest gap
Corporate Tax10%27%ZA +17 pp
VAT10%15%ZA +5 pp
Capital Gains Tax8%18%ZA +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
South Africa45%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01
Difference−35 ppSouth Africa higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Paraguay10%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−17 ppSouth Africa higher

South Africa has a corporate tax rate of 27%, 17pp above Paraguay's 10%. The 201-country average is 22.6%: Paraguay sits below it, South Africa sits above it.

VAT

VAT, side by side
CountryRateSource
Paraguay10%Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07
South Africa15%Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29
Difference−5 ppSouth Africa higher

South Africa has a VAT rate of 15%, 5pp above Paraguay's 10%. The 181-country average is 15%: Paraguay sits below it, South Africa matches the world average.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Paraguay8%Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07
South Africa18%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29
Difference−10 ppSouth Africa higher

South Africa has a capital gains tax rate of 18%, 10pp above Paraguay's 8%. The 175-country average is 10.3%: Paraguay sits below it, South Africa sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Paraguay0%Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07
South Africa0%Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29
Difference0 ppdisplayed rates match

Paraguay and South Africa share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.