AR · AmericasSO · Africa
Argentina vs Somalia: tax rates compared
Argentina has an income tax rate of 35%, 17pp above Somalia's 18%. The 200-country average is 28%: Argentina sits above it, Somalia sits below it. Argentina's figure is dated 2026-06-16 and Somalia's 2025-11-01, so the two rates come from different data vintages.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AR | SO | Difference |
|---|---|---|---|
| Income Tax | 35% | 18% | AR +17 pp |
| Corporate Tax | 35% | 15% | AR +20 pplargest gap |
| Wealth Tax | 1% | 0% | AR +1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16 |
| Somalia | 18% | Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01 |
| Difference | +17 pp | Argentina higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Somalia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +20 pp | Argentina higher |
Argentina has a corporate tax rate of 35%, 20pp above Somalia's 15%. The 201-country average is 22.6%: Argentina sits above it, Somalia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 1% | Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01 |
| Somalia | 0% | Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18 |
| Difference | +1 pp | Argentina higher |
Argentina has a wealth tax rate of 1%, 1pp above Somalia's 0%. The 193-country average is 0.1%: Argentina sits above it, Somalia sits below it. Argentina's figure is dated 2025-01-01 and Somalia's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.