IQ · AsiaZA · Africa
Iraq vs South Africa: tax rates compared
South Africa's income tax rate is 30pp higher than Iraq's (45% vs 15%). The 200-country average is 28%: Iraq sits below it, South Africa 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 | IQ | ZA | Difference |
|---|---|---|---|
| Income Tax | 15% | 45% | ZA +30 pplargest gap |
| Corporate Tax | 15% | 27% | ZA +12 pp |
| VAT | 0% | 15% | ZA +15 pp |
| Capital Gains Tax | 0% | 18% | ZA +18 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24 |
| South Africa | 45% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Taxes on personal income) · as of 2026-03-01 |
| Difference | −30 pp | South Africa higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Africa | 27% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −12 pp | South Africa higher |
South Africa's corporate tax rate is 12pp higher than Iraq's (27% vs 15%). The 201-country average is 22.6%: Iraq sits below it, South Africa sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24 |
| South Africa | 15% | Source: PWC Worldwide Tax Summaries — South Africa (Corporate, Other taxes) · as of 2026-05-29 |
| Difference | −15 pp | South Africa higher |
South Africa's VAT rate is 15pp higher than Iraq's (15% vs 0%). The 181-country average is 15%: Iraq sits below it, South Africa matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01 |
| South Africa | 18% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Income determination) · as of 2026-05-29 |
| Difference | −18 pp | South Africa higher |
South Africa's capital gains tax rate is 18pp higher than Iraq's (18% vs 0%). The 175-country average is 10.3%: Iraq sits below it, South Africa sits above it. Iraq's figure is dated 2025-10-01 and South Africa's 2026-05-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24 |
| South Africa | 0% | Source: PWC Worldwide Tax Summaries — South Africa (Individual, Other taxes) · as of 2026-05-29 |
| Difference | 0 pp | displayed rates match |
Iraq's wealth tax rate is identical to South Africa's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.