LK · AsiaVN · Asia
Sri Lanka vs Vietnam: tax rates compared
Between the two, Sri Lanka's income tax rate (36%) tops Vietnam's (35%) by 1pp. The 200-country average is 28%: both sit above it. Sri Lanka's figure is dated 2025-08-28 and Vietnam's 2026-03-09, 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
| Tax | LK | VN | Difference |
|---|---|---|---|
| Income Tax | 36% | 35% | LK +1 pp |
| Corporate Tax | 30% | 20% | LK +10 pplargest gap |
| VAT | 18% | 10% | LK +8 pp |
| Capital Gains Tax | 0% | 0.1% | VN +0.1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 36% | Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28 |
| Vietnam | 35% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | +1 pp | Sri Lanka higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Vietnam | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Sri Lanka higher |
Between the two, Sri Lanka's corporate tax rate (30%) tops Vietnam's (20%) by 10pp. The 201-country average is 22.6%: Sri Lanka sits above it, Vietnam sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 18% | Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01 |
| Vietnam | 10% | Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09 |
| Difference | +8 pp | Sri Lanka higher |
Between the two, Sri Lanka's VAT rate (18%) tops Vietnam's (10%) by 8pp. The 181-country average is 15%: Sri Lanka sits above it, Vietnam sits below it. Sri Lanka's figure is dated 2024-01-01 and Vietnam's 2026-03-09, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 0% | Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19 |
| Vietnam | 0.1% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09 |
| Difference | −0.1 pp | Vietnam higher |
Between the two, Vietnam's capital gains tax rate (0.1%) tops Sri Lanka's (0%) by 0.1pp. The 175-country average is 10.3%: both sit below it. Sri Lanka's figure is dated 2025-11-19 and Vietnam's 2026-03-09, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 0% | Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18 |
| Vietnam | 0% | Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Sri Lanka and Vietnam both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.