Bhutan vs Ukraine
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ง๐น Bhutan โ 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.
๐บ๐ฆ Ukraine โ Local Council Taxes
Ukraine's 27 oblasts and the city of Kyiv have limited independent taxing powers โ income tax is national. Local councils set rates for land tax (0.01%โ3% of normative monetary value), real estate tax (up to 1.5% of minimum wage per sq.m.), and transport tax. Unified tax regimes for entrepreneurs (1โ3 groups) are nationally set with simplified rates. Wartime conditions have significantly altered tax collection and enforcement. The simplified system (ัะดะธะฝะธะน ะฟะพะดะฐัะพะบ) covers ~60% of registered entrepreneurs.
Bhutan vs Ukraine: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐น Bhutan has a higher top income tax rate (0โ25% vs 18%). ๐บ๐ฆ Ukraine is more favourable for high earners.
๐ VAT/Sales Tax: Ukraine has a higher consumption tax (0% vs 20%).
๐ข Corporate Tax: ๐บ๐ฆ Ukraine offers a lower corporate rate (18% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐น Bhutan taxes investment gains at a lower rate (0% vs 18%), benefiting investors.