KI · OceaniaLK · Asia
Kiribati vs Sri Lanka: tax rates compared
Sri Lanka has an income tax rate of 36%, 6pp above Kiribati's 30%. The 200-country average is 28%: both sit above it. Kiribati's figure is dated 2014-01-01 and Sri Lanka's 2025-08-28, 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
| Tax | KI | LK | Difference |
|---|---|---|---|
| Income Tax | 30% | 36% | LK +6 pplargest gap |
| Corporate Tax | 35% | 30% | KI +5 pp |
| VAT | 12.5% | 18% | LK +5.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Kiribati | 30% | Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2014-01-01 |
| Sri Lanka | 36% | Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28 |
| Difference | −6 pp | Sri Lanka higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Kiribati | 35% | Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Tax Obligation Pamphlet (January 2026) · as of 2001-01-01 |
| Sri Lanka | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Kiribati higher |
Kiribati has a corporate tax rate of 35%, 5pp above Sri Lanka's 30%. The 201-country average is 22.6%: both sit above it. Kiribati's figure is dated 2001-01-01 and Sri Lanka's 2025-01-01, so the two rates come from different data vintages.
VAT
| Country | Rate | Source |
|---|---|---|
| Kiribati | 12.5% | Source: Kiribati Tax Division, Ministry of Finance and Economic Development — Guidelines and Obligations of VAT Registered Businesses · as of 2024-05-31 |
| Sri Lanka | 18% | Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01 |
| Difference | −5.5 pp | Sri Lanka higher |
Sri Lanka has a VAT rate of 18%, 5.5pp above Kiribati's 12.5%. The 181-country average is 15%: Kiribati sits below it, Sri Lanka sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Kiribati | 0% | Source: Kiribati Ministry of Finance and Economic Development — Taxation · as of 2026-07-18 |
| Sri Lanka | 0% | Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Kiribati and Sri Lanka share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.