PE · AmericasTH · Asia
Peru vs Thailand: tax rates compared
Thailand's income tax rate is 5pp higher than Peru's (35% vs 30%). The 200-country average is 28%: both sit 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
| Tax | PE | TH | Difference |
|---|---|---|---|
| Income Tax | 30% | 35% | TH +5 pp |
| Corporate Tax | 29.5% | 20% | PE +9.5 pp |
| VAT | 18% | 7% | PE +11 pplargest gap |
| Capital Gains Tax | 5% | 0% | PE +5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Peru | 30% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | −5 pp | Thailand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +9.5 pp | Peru higher |
Peru's corporate tax rate is 9.5pp higher than Thailand's (29.5% vs 20%). The 201-country average is 22.6%: Peru sits above it, Thailand sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Peru | 18% | Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13 |
| Thailand | 7% | Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02 |
| Difference | +11 pp | Peru higher |
Peru's VAT rate is 11pp higher than Thailand's (18% vs 7%). The 181-country average is 15%: Peru sits above it, Thailand sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Peru | 5% | Source: PWC Worldwide Tax Summaries — Peru (Individual, Income determination) · as of 2026-07-13 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | +5 pp | Peru higher |
Peru's capital gains tax rate is 5pp higher than Thailand's (5% vs 0%). The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Peru | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
Peru's wealth tax rate is identical to Thailand's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Peru's figure is dated 2025-10-01 and Thailand's 2026-02-02, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.