United States or Vietnam: which taxes less?

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

Lighter: Vietnam, ahead by 0.3 FiScore point.

Tax United States Vietnam Gap
Corporate income tax headline rate 21% 20% +1.0 points
Personal income tax top bracket 10% to 37% 5% to 35% +2.0 points
VAT standard rate 11.73% 10% +1.7 points

Detailed schedules

Corporate income tax

United States

Federal tax 21%
State tax 0% to over 9% depending on the state n/a

Vietnam

General rate 20%
SMEs 15 to 17% depending on conditions, 2025 law 15%
See the United States page See the Vietnam page