AM · AsiaSB · Oceania

Armenia vs Solomon Islands: tax rates compared

Between the two, Solomon Islands's income tax rate (40%) tops Armenia's (20%) by 20pp. The 200-country average is 28%: Armenia sits below it, Solomon Islands sits above it. Armenia's figure is dated 2023-01-01 and Solomon Islands's 2026-05-18, 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

0102030405060Income20%40%Corporate18%30%Capital Gains0%Crypto0%Wealth Tax0%
five shared taxes, side by side
Tax AM SBDifference
Income Tax20%40%SB +20 pplargest gap
Corporate Tax18%30%SB +12 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Solomon Islands40%Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-05-18
Difference−20 ppSolomon Islands higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Solomon Islands30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−12 ppSolomon Islands higher

Between the two, Solomon Islands's corporate tax rate (30%) tops Armenia's (18%) by 12pp. The 201-country average is 22.6%: Armenia sits below it, Solomon Islands sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
Solomon Islands0%Source: Solomon Islands Inland Revenue Division — Tax Information · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Armenia and Solomon Islands both post a capital gains tax rate of 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Solomon Islands's 2026-07-19, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Armenia0%Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01
Solomon Islands0%Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-07-19
Difference0 ppdisplayed rates match

There's no gap here — Armenia and Solomon Islands both post a crypto tax rate of 0%. The 88-country average is 13%: both sit below it. Armenia's figure is dated 2024-07-01 and Solomon Islands's 2026-07-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Solomon Islands0%Source: Solomon Islands Inland Revenue Division · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Armenia and Solomon Islands both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: VAT.