CV · AfricaZM · Africa
Cape Verde vs Zambia: tax rates compared
Zambia has an income tax rate of 37%, 9.5pp above Cape Verde's 27.5%. The 200-country average is 28%: Cape Verde sits below it, Zambia sits 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
| Tax | CV | ZM | Difference |
|---|---|---|---|
| Income Tax | 27.5% | 37% | ZM +9.5 pplargest gap |
| Corporate Tax | 21.4% | 30% | ZM +8.6 pp |
| VAT | 15% | 16% | ZM +1 pp |
| Capital Gains Tax | 1% | 0% | CV +1 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 27.5% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Taxes on personal income) · as of 2026-05-29 |
| Zambia | 37% | Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01 |
| Difference | −9.5 pp | Zambia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 21.4% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Zambia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −8.6 pp | Zambia higher |
Zambia has a corporate tax rate of 30%, 8.6pp above Cape Verde's 21.4%. The 201-country average is 22.6%: Cape Verde sits below it, Zambia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 15% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Corporate, Other taxes) · as of 2026-05-29 |
| Zambia | 16% | Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20 |
| Difference | −1 pp | Zambia higher |
Zambia has a VAT rate of 16%, 1pp above Cape Verde's 15%. The 181-country average is 15%: Cape Verde matches the world average, Zambia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 1% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Income determination) · as of 2026-05-29 |
| Zambia | 0% | Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20 |
| Difference | +1 pp | Cape Verde higher |
Cape Verde has a capital gains tax rate of 1%, 1pp above Zambia's 0%. The 175-country average is 10.3%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cape Verde | 0% | Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Other taxes) · as of 2026-07-18 |
| Zambia | 0% | Source: PWC Worldwide Tax Summaries — Zambia (Individual, Other taxes) · as of 2026-03-20 |
| Difference | 0 pp | displayed rates match |
Cape Verde and Zambia 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.