SB · OceaniaTH · Asia

Solomon Islands vs Thailand: tax rates compared

Solomon Islands's income tax rate is 5pp higher than Thailand's (40% vs 35%). 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

0102030405060Income35%40%Corporate20%30%Capital Gains0%Crypto0%15%Wealth Tax0%
five shared taxes, side by side
Tax SB THDifference
Income Tax40%35%SB +5 pp
Corporate Tax30%20%SB +10 pp
Capital Gains Tax0%0%match
Crypto Tax0%15%TH +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Solomon Islands40%Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-05-18
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference+5 ppSolomon Islands higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Solomon Islands30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Thailand20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppSolomon Islands higher

Solomon Islands's corporate tax rate is 10pp higher than Thailand's (30% vs 20%). The 201-country average is 22.6%: Solomon Islands sits above it, Thailand sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Solomon Islands0%Source: Solomon Islands Inland Revenue Division — Tax Information · as of 2026-07-19
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference0 ppdisplayed rates match

Solomon Islands's capital gains tax rate is identical to Thailand's — both sit at 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Solomon Islands0%Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-07-19
Thailand15%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference−15 ppThailand higher

Thailand's crypto tax rate is 15pp higher than Solomon Islands's (15% vs 0%). The 88-country average is 13%: Solomon Islands sits below it, Thailand sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Solomon Islands0%Source: Solomon Islands Inland Revenue Division · as of 2026-07-18
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

Solomon Islands's wealth tax rate is identical to Thailand's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: VAT.