Bolivia vs Bhutan
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§π΄ Bolivia β Departmental & Municipal Taxes
Bolivia's 9 departments and 339 municipalities have their own tax powers. Municipalities levy the Impuesto a la Propiedad de Bienes Inmuebles (IPBI) on real property and the Impuesto Municipal a las Transferencias (IMT) on property transfers. Departmental governments receive shares of natural resource royalties. The National Tax Service (SIN) administers national taxes. Bolivia has a unique tax system where there is no personal income tax in the traditional sense β instead, the RC-IVA (complementary VAT) effectively taxes income.
π§πΉ Bhutan β Dzongkhag & Thromde Taxes
Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.
Bolivia vs Bhutan: Key Tax Differences (2026)
π° Income Tax: π§πΉ Bhutan has a higher top income tax rate (13% vs 0β25%). π§π΄ Bolivia is more favourable for high earners.
π VAT/Sales Tax: Bolivia has a higher consumption tax (13% vs 0%).
π’ Corporate Tax: π§π΄ Bolivia offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
π Capital Gains: π§πΉ Bhutan taxes investment gains at a lower rate (0% vs 25%), benefiting investors.