Thailand vs Argentina Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
35%
35%
Corporate Tax
20%Lower
35%
Capital Gains
35%
15%Lower
VAT / Sales Tax
7%Lower
21%
| Category | ||
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 35% | 35% |
| Corporate Tax | 20% | 35% |
| Capital Gains | 35% | 15% |
| VAT / Sales Tax | 7% | 21% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | No | Yes |
| Tax Treaties | 61 | 22 |
| Currency | THB | ARS |
The bottom line: Thailand vs Argentina
Thailand has the lower headline rate on 2 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Thailand runs a progressive tax system, while Argentina uses a progressive one. Thailand has the wider tax-treaty network (61 agreements), which can reduce withholding tax on cross-border income.
- Income tax: identical in both (35%)
- Corporate tax: Thailand is lower (20% vs 35%)
- Capital gains tax: Argentina is lower (35% vs 15%)
- VAT / sales tax: Thailand is lower (7% vs 21%)