Paraguay vs Australia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π΅πΎ Paraguay β Municipal & Departmental Taxes
Paraguay's 17 departments and 254 municipalities levy the Impuesto Inmobiliario (property tax at 1% of assessed value), commercial licence fees (patente comercial), and vehicle registration fees. AsunciΓ³n has the highest commercial licence fees. The SubsecretarΓa de Estado de TributaciΓ³n (SET) administers national taxes. Paraguay has one of Latin America's lowest tax burdens (~12% of GDP) and has used flat low rates to attract foreign residents (MADES visa) and financial activity. No wealth tax exists.
π¦πΊ Australia β State & Territory Taxes
Australia's 6 states and 2 territories levy payroll tax (4.75%β6.85%), stamp duty on property, and land tax on investment properties. There is no state income tax β income tax is federal only. The Stage 3 tax cuts (effective July 2024) restructured brackets significantly. The ACT is progressively replacing stamp duty with broad-based land value tax. Councils levy rates on property owners.
Paraguay vs Australia: Key Tax Differences (2026)
π° Income Tax: π¦πΊ Australia has a higher top income tax rate (8β10% vs 0β45%). π΅πΎ Paraguay is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (10% vs 10%).
π’ Corporate Tax: π΅πΎ Paraguay offers a lower corporate rate (10% vs 30%), which can influence business location decisions.
π Capital Gains: π΅πΎ Paraguay taxes investment gains at a lower rate (10% vs 22.5%), benefiting investors.