CM · AfricaLK · Asia

Cameroon vs Sri Lanka: tax rates compared

Cameroon has an income tax rate of 38.5%, 2.5pp above Sri Lanka's 36%. The 200-country average is 28%: both sit above it.

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

0102030405060Income36%38.5%Corporate30%33%VAT18%19.3%Capital Gains0%16.5%Wealth Tax0%
five shared taxes, side by side
Tax CM LKDifference
Income Tax38.5%36%CM +2.5 pp
Corporate Tax33%30%CM +3 pp
VAT19.3%18%CM +1.3 pp
Capital Gains Tax16.5%0%CM +16.5 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Cameroon38.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Taxes on personal income) · as of 2025-12-31
Sri Lanka36%Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28
Difference+2.5 ppCameroon higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Cameroon33%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+3 ppCameroon higher

Cameroon has a corporate tax rate of 33%, 3pp above Sri Lanka's 30%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Cameroon19.3%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Corporate, Other taxes) · as of 2025-12-31
Sri Lanka18%Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01
Difference+1.3 ppCameroon higher

Cameroon has a VAT rate of 19.3%, 1.3pp above Sri Lanka's 18%. The 181-country average is 15%: both sit above it. Cameroon's figure is dated 2025-12-31 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
Cameroon16.5%Source: PWC Worldwide Tax Summaries — Cameroon, Republic of (Individual, Income determination) · as of 2025-12-31
Sri Lanka0%Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19
Difference+16.5 ppCameroon higher

Cameroon has a capital gains tax rate of 16.5%, 16.5pp above Sri Lanka's 0%. The 175-country average is 10.3%: Cameroon sits above it, Sri Lanka sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Cameroon0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-31
Sri Lanka0%Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18
Difference0 ppdisplayed rates match

Cameroon and Sri Lanka share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Cameroon's figure is dated 2025-12-31 and Sri Lanka's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.