KI · OceaniaSG · Asia

Kiribati vs Singapore: tax rates compared

Between the two, Kiribati's income tax rate (30%) tops Singapore's (24%) by 6pp. The 200-country average is 28%: Kiribati sits above it, Singapore sits below it. Kiribati's figure is dated 2014-01-01 and Singapore's 2026-04-27, so the two rates come from different data vintages.

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

At a glance

0102030405060Income24%30%Corporate17%35%VAT9%12.5%Wealth Tax0%
four shared taxes, side by side
Tax KI SGDifference
Income Tax30%24%KI +6 pp
Corporate Tax35%17%KI +18 pplargest gap
VAT12.5%9%KI +3.5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Kiribati30%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference+6 ppKiribati higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Kiribati35%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+18 ppKiribati higher

Between the two, Kiribati's corporate tax rate (35%) tops Singapore's (17%) by 18pp. The 201-country average is 22.6%: Kiribati sits above it, Singapore sits below it. Kiribati's figure is dated 2001-01-01 and Singapore's 2025-01-01, so the two rates come from different data vintages.

VAT

VAT, side by side
CountryRateSource
Kiribati12.5%Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference+3.5 ppKiribati higher

Between the two, Kiribati's VAT rate (12.5%) tops Singapore's (9%) by 3.5pp. The 181-country average is 15%: both sit below it. Kiribati's figure is dated 2024-05-31 and Singapore's 2026-07-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Kiribati0%Source: Kiribati Ministry of Finance and Economic Development — Taxation · as of 2026-07-18
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

There's no gap here — Kiribati and Singapore both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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