CN · AsiaSO · Africa

China vs Somalia: tax rates compared

China has an income tax rate of 45%, 27pp above Somalia's 18%. The 200-country average is 28%: China sits above it, Somalia sits below it.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income18%45%Corporate15%25%Wealth Tax0%
three shared taxes, side by side
Tax CN SODifference
Income Tax45%18%CN +27 pplargest gap
Corporate Tax25%15%CN +10 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+10 ppChina higher

China has a corporate tax rate of 25%, 10pp above Somalia's 15%. The 201-country average is 22.6%: China sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
China0%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.