TW · AsiaTH · Asia

Taiwan vs Thailand: tax rates compared

Taiwan has an income tax rate of 40%, 5pp above Thailand's 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%VAT5%7%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax TW THDifference
Income Tax40%35%TW +5 pplargest gap
Corporate Tax20%20%match
VAT5%7%TH +2 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Taiwan40%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Difference+5 ppTaiwan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Taiwan20%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
Difference0 ppdisplayed rates match

Taiwan and Thailand share the same corporate tax rate: 20%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Taiwan5%Source: PWC Worldwide Tax Summaries — Taiwan (Corporate, Other taxes) · as of 2026-01-12
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Difference−2 ppThailand higher

Thailand has a VAT rate of 7%, 2pp above Taiwan's 5%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Income determination / Capital gains tax rates quick chart) · as of 2026-01-12
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Difference0 ppdisplayed rates match

Taiwan and Thailand share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

Taiwan and Thailand 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.