Thailand vs Indonesia 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
22%
Capital Gains
35%
22%Lower
VAT / Sales Tax
7%Lower
12%
| Category | ||
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 35% | 35% |
| Corporate Tax | 20% | 22% |
| Capital Gains | 35% | 22% |
| VAT / Sales Tax | 7% | 12% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 61 | 71 |
| Currency | THB | IDR |
The bottom line: Thailand vs Indonesia
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 Indonesia uses a progressive one. Indonesia has the wider tax-treaty network (71 agreements), which can reduce withholding tax on cross-border income.
- Income tax: identical in both (35%)
- Corporate tax: Thailand is lower (20% vs 22%)
- Capital gains tax: Indonesia is lower (35% vs 22%)
- VAT / sales tax: Thailand is lower (7% vs 12%)