Cook Islands or Malaysia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Cook Islands and Malaysia weigh about the same on the taxpayer.

Tax Cook Islands Malaysia Gap
Corporate income tax headline rate 20% 24% −4.0 points
Personal income tax top bracket 0% to 30% 0% to 30% Same rate
VAT standard rate 15% 10% +5.0 points

Detailed schedules

Corporate income tax

Cook Islands

Resident company On worldwide income 20%
Non-resident company 28%

Malaysia

n/a

Personal income tax

Cook Islands

Up to 11,000 NZD 2018 table, most recent published 0%
11,001 to 30,000 NZD 17%
30,001 to 80,000 NZD 27%
Over 80,000 NZD 30%

Malaysia

n/a

See the Cook Islands page See the Malaysia page