vs
Australia vs Vietnam Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
Australia45%
Vietnam35%Lower
Corporate Tax
Australia30%
Vietnam20%Lower
Capital Gains
Australia23%
Vietnam20%Lower
VAT / Sales Tax
Australia10%
Vietnam10%
| Category | Australia | Vietnam |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 45% | 35% |
| Corporate Tax | 30% | 20% |
| Capital Gains | 23% | 20% |
| VAT / Sales Tax | 10% | 10% |
| Crypto Tax | Yes | No |
| Wealth Tax | No | No |
| Tax Treaties | 45 | 81 |
| Currency | AUD | VND |
The bottom line: Australia vs Vietnam
Vietnam has the lower headline rate on 3 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Australia runs a progressive tax system, while Vietnam uses a progressive one. On crypto, Vietnam is the more favourable — it does not tax cryptocurrency gains. Vietnam has the wider tax-treaty network (81 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Vietnam is lower (45% vs 35%)
- Corporate tax: Vietnam is lower (30% vs 20%)
- Capital gains tax: Vietnam is lower (23% vs 20%)
- VAT / sales tax: identical in both (10%)