Papua New Guinea or United States: which taxes less?

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

Lighter: United States, ahead by 1 FiScore point.

Tax Papua New Guinea United States Gap
Corporate income tax headline rate 30% 21% +9.0 points
Personal income tax top bracket 0% to 42% 10% to 37% +5.0 points
VAT standard rate 10% 11.73% −1.7 points

Detailed schedules

Corporate income tax

Papua New Guinea

Common law companies 30%
Banks and financial institutions 45%
Foreign non-resident companies 48%

United States

Federal tax 21%
State tax 0% to over 9% depending on the state n/a
See the Papua New Guinea page See the United States page