LS · AfricaSB · Oceania

Lesotho vs Solomon Islands: tax rates compared

Between the two, Solomon Islands's income tax rate (40%) tops Lesotho's (30%) by 10pp. The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income30%40%Corporate25%30%Wealth Tax0%
three shared taxes, side by side
Tax LS SBDifference
Income Tax30%40%SB +10 pplargest gap
Corporate Tax25%30%SB +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Lesotho30%Source: Revenue Services Lesotho — Employees' Tax (Pay As You Earn) · as of 2026-07-20
Solomon Islands40%Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-05-18
Difference−10 ppSolomon Islands higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Lesotho25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Solomon Islands30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppSolomon Islands higher

Between the two, Solomon Islands's corporate tax rate (30%) tops Lesotho's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Lesotho0%Source: Revenue Services Lesotho — official site (tax categories) · as of 2026-07-18
Solomon Islands0%Source: Solomon Islands Inland Revenue Division · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Lesotho and Solomon Islands 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: VAT, Capital Gains Tax, Crypto Tax.