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Maldives vs Peru: tax rates compared

Peru's income tax rate is 15pp higher than Maldives's (30% vs 15%). The 200-country average is 28%: Maldives sits below it, Peru sits above it. Maldives's figure is dated 2020-01-01 and Peru's 2026-07-13, 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

0102030405060Income15%30%Corporate15%29.5%VAT8%18%Wealth Tax0%
four shared taxes, side by side
Tax MV PEDifference
Income Tax15%30%PE +15 pplargest gap
Corporate Tax15%29.5%PE +14.5 pp
VAT8%18%PE +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Peru30%Source: PWC Worldwide Tax Summaries — Peru (Individual, Taxes on personal income) · as of 2026-07-13
Difference−15 ppPeru higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Peru29.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−14.5 ppPeru higher

Peru's corporate tax rate is 14.5pp higher than Maldives's (29.5% vs 15%). The 201-country average is 22.6%: Maldives sits below it, Peru sits above it.

VAT

VAT, side by side
CountryRateSource
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Peru18%Source: PWC Worldwide Tax Summaries — Peru (Corporate, Other taxes) · as of 2026-07-13
Difference−10 ppPeru higher

Peru's VAT rate is 10pp higher than Maldives's (18% vs 8%). The 181-country average is 15%: Maldives sits below it, Peru sits above it. Maldives's figure is dated 2023-01-01 and Peru's 2026-07-13, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Maldives0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01
Peru0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01
Difference0 ppdisplayed rates match

Maldives's wealth tax rate is identical to Peru's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

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