CY · EuropeML · Africa
Cyprus vs Mali: tax rates compared
Mali's income tax rate is 2pp higher than Cyprus's (37% vs 35%). The 200-country average is 28%: both sit above it. Cyprus's figure is dated 2026-05-18 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
| Tax | CY | ML | Difference |
|---|---|---|---|
| Income Tax | 35% | 37% | ML +2 pp |
| Corporate Tax | 12.5% | 30% | ML +17.5 pplargest gap |
| VAT | 19% | 18% | CY +1 pp |
| Capital Gains Tax | 0% | 7% | ML +7 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Mali | 37% | Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01 |
| Difference | −2 pp | Mali higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Mali | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −17.5 pp | Mali higher |
Mali's corporate tax rate is 17.5pp higher than Cyprus's (30% vs 12.5%). The 201-country average is 22.6%: Cyprus sits below it, Mali sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Mali | 18% | 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 | +1 pp | Cyprus higher |
Cyprus's VAT rate is 1pp higher than Mali's (19% vs 18%). The 181-country average is 15%: both sit above it. Cyprus's figure is dated 2026-05-18 and Mali's 2020-04-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Mali | 7% | Source: Direction Générale des Impôts du Mali — Code Général des Impôts, Article 129 · as of 2017-01-01 |
| Difference | −7 pp | Mali higher |
Mali's capital gains tax rate is 7pp higher than Cyprus's (7% vs 0%). The 175-country average is 10.3%: both sit below it. Cyprus's figure is dated 2026-05-18 and Mali's 2017-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Mali | 0% | Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Cyprus'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.