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Canada vs Mali: tax rates compared

Canada's income tax rate is 16.5pp higher than Mali's (53.5% vs 37%). The 200-country average is 28%: both sit above it. Canada's figure is dated 2025-01-01 and Mali's 2015-07-01, 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

0102030405060Income37%53.5%Corporate26%30%VAT5%18%Capital Gains7%27.4%Wealth Tax0%
five shared taxes, side by side
Tax CA MLDifference
Income Tax53.5%37%CA +16.5 pp
Corporate Tax26%30%ML +4 pp
VAT5%18%ML +13 pp
Capital Gains Tax27.4%7%CA +20.4 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Mali37%Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01
Difference+16.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mali30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−4 ppMali higher

Mali's corporate tax rate is 4pp higher than Canada's (30% vs 26%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Mali18%Source: Direction Générale des Impôts du Mali — "C'est quoi la TVA" (La Taxe sur la Valeur Ajoutée N°1) · as of 2020-04-01
Difference−13 ppMali higher

Mali's VAT rate is 13pp higher than Canada's (18% vs 5%). The 181-country average is 15%: Canada sits below it, Mali sits above it. Canada's figure is dated 2026-06-12 and Mali's 2020-04-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Canada27.4%Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12
Mali7%Source: Direction Générale des Impôts du Mali — Code Général des Impôts, Article 129 · as of 2017-01-01
Difference+20.4 ppCanada higher

Canada's capital gains tax rate is 20.4pp higher than Mali's (27.4% vs 7%). The 175-country average is 10.3%: Canada sits above it, Mali sits below it. Canada's figure is dated 2026-06-12 and Mali's 2017-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Mali0%Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18
Difference0 ppdisplayed rates match

Canada's wealth tax rate is identical to Mali's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.