CY · EuropeSB · Oceania
Cyprus vs Solomon Islands: tax rates compared
Solomon Islands's income tax rate is 5pp higher than Cyprus's (40% vs 35%). 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
| Tax | CY | SB | Difference |
|---|---|---|---|
| Income Tax | 35% | 40% | SB +5 pp |
| Corporate Tax | 12.5% | 30% | SB +17.5 pplargest gap |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 8% | 0% | CY +8 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 |
| Solomon Islands | 40% | Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-05-18 |
| Difference | −5 pp | Solomon Islands higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Solomon Islands | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −17.5 pp | Solomon Islands higher |
Solomon Islands'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, Solomon Islands sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Solomon Islands | 0% | Source: Solomon Islands Inland Revenue Division — Tax Information · as of 2026-07-19 |
| Difference | 0 pp | displayed rates match |
Cyprus's capital gains tax rate is identical to Solomon Islands's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 8% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Solomon Islands | 0% | Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-07-19 |
| Difference | +8 pp | Cyprus higher |
Cyprus's crypto tax rate is 8pp higher than Solomon Islands's (8% vs 0%). The 88-country average is 13%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Solomon Islands | 0% | Source: Solomon Islands Inland Revenue Division · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Cyprus's wealth tax rate is identical to Solomon Islands's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: VAT.