United States vs Vietnam Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
37%
35%Lower
Corporate Tax
21%
20%Lower
Capital Gains
20%
20%
VAT / Sales Tax
0%Lower
10%
| Category | ||
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 37% | 35% |
| Corporate Tax | 21% | 20% |
| Capital Gains | 20% | 20% |
| VAT / Sales Tax | 0% | 10% |
| Crypto Tax | Yes | No |
| Wealth Tax | No | No |
| Tax Treaties | 65 | 81 |
| Currency | USD | VND |
The bottom line: United States vs Vietnam
Vietnam 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. United States 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 (37% vs 35%)
- Corporate tax: Vietnam is lower (21% vs 20%)
- Capital gains tax: identical in both (20%)
- VAT / sales tax: United States is lower (0% vs 10%)