Thailand or United States: which taxes less?

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

Lighter: Thailand, ahead by 0.5 FiScore point.

Tax Thailand United States Gap
Corporate income tax headline rate 20% 21% −1.0 points
Personal income tax top bracket 0% to 35% 10% to 37% −2.0 points
VAT standard rate 7% 11.73% −4.7 points

Detailed schedules

Corporate income tax

Thailand

General regime 20%
SMEs: profit up to THB 300,000 capital ≤ THB 5M, turnover ≤ THB 30M 0%
SMEs: THB 300,001 to 3,000,000 15%
Multinational groups revenue above €750M, since 2025 15%

United States

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