Malawi or Papua New Guinea: which taxes less?

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

Level pegging: Malawi and Papua New Guinea weigh about the same on the taxpayer.

Tax Malawi Papua New Guinea Gap
Corporate income tax headline rate 30% 30% Same rate
Personal income tax top bracket 0% to 35% 0% to 42% −7.0 points
VAT standard rate 17.5% 10% +7.5 points

Detailed schedules

Corporate income tax

Malawi

n/a

Papua New Guinea

Common law companies 30%
Banks and financial institutions 45%
Foreign non-resident companies 48%
See the Malawi page See the Papua New Guinea page