BF · AfricaSG · Asia

Burkina Faso vs Singapore: tax rates compared

Burkina Faso has an income tax rate of 25%, 1pp above Singapore's 24%. The 200-country average is 28%: both sit below it. Burkina Faso's figure is dated 2023-01-01 and Singapore's 2026-04-27, 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

0102030405060Income24%25%Corporate17%27.5%VAT9%18%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax BF SGDifference
Income Tax25%24%BF +1 pp
Corporate Tax27.5%17%BF +10.5 pplargest gap
VAT18%9%BF +9 pp
Capital Gains Tax10%0%BF +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Burkina Faso25%Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference+1 ppBurkina Faso higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Burkina Faso27.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10.5 ppBurkina Faso higher

Burkina Faso has a corporate tax rate of 27.5%, 10.5pp above Singapore's 17%. The 201-country average is 22.6%: Burkina Faso sits above it, Singapore sits below it.

VAT

VAT, side by side
CountryRateSource
Burkina Faso18%Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts · as of 2023-01-01
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference+9 ppBurkina Faso higher

Burkina Faso has a VAT rate of 18%, 9pp above Singapore's 9%. The 181-country average is 15%: Burkina Faso sits above it, Singapore sits below it. Burkina Faso's figure is dated 2023-01-01 and Singapore's 2026-07-02, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Burkina Faso10%Source: Direction Générale des Impôts (DGI), Burkina Faso — Code Général des Impôts 2023 · as of 2023-01-01
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference+10 ppBurkina Faso higher

Burkina Faso has a capital gains tax rate of 10%, 10pp above Singapore's 0%. The 175-country average is 10.3%: both sit below it. Burkina Faso's figure is dated 2023-01-01 and Singapore's 2026-07-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Burkina Faso0%Source: ATAF — "Burkina Faso evaluates wealth tax options through ATAF Engagement" · as of 2026-03-15
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Burkina Faso and Singapore share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.