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Argentina vs Sri Lanka: tax rates compared

Sri Lanka's income tax rate is 1pp higher than Argentina's (36% vs 35%). The 200-country average is 28%: both sit above it. Argentina's figure is dated 2026-06-16 and Sri Lanka's 2025-08-28, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income35%36%Corporate30%35%VAT18%21%Capital Gains0%Wealth Tax0%1%
five shared taxes, side by side
Tax AR LKDifference
Income Tax35%36%LK +1 pp
Corporate Tax35%30%AR +5 pplargest gap
VAT21%18%AR +3 pp
Capital Gains Tax0%0%match
Wealth Tax1%0%AR +1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Argentina35%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16
Sri Lanka36%Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28
Difference−1 ppSri Lanka higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Argentina35%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sri Lanka30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppArgentina higher

Argentina's corporate tax rate is 5pp higher than Sri Lanka's (35% vs 30%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Argentina21%Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16
Sri Lanka18%Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01
Difference+3 ppArgentina higher

Argentina's VAT rate is 3pp higher than Sri Lanka's (21% vs 18%). The 181-country average is 15%: both sit above it. Argentina's figure is dated 2026-06-16 and Sri Lanka's 2024-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Argentina0%Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16
Sri Lanka0%Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19
Difference0 ppdisplayed rates match

Argentina's capital gains tax rate is identical to Sri Lanka's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Argentina's figure is dated 2026-06-16 and Sri Lanka's 2025-11-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Argentina1%Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01
Sri Lanka0%Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18
Difference+1 ppArgentina higher

Argentina's wealth tax rate is 1pp higher than Sri Lanka's (1% vs 0%). The 193-country average is 0.1%: Argentina sits above it, Sri Lanka sits below it. Argentina's figure is dated 2025-01-01 and Sri Lanka's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.