MV · AsiaRU · Europe
Maldives vs Russia: tax rates compared
Between the two, Russia's income tax rate (22%) tops Maldives's (15%) by 7pp. The 200-country average is 28%: both sit below it. Maldives's figure is dated 2020-01-01 and Russia's 2026-07-04, 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 | MV | RU | Difference |
|---|---|---|---|
| Income Tax | 15% | 22% | RU +7 pp |
| Corporate Tax | 15% | 25% | RU +10 pp |
| VAT | 8% | 22% | RU +14 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Russia | 22% | Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04 |
| Difference | −7 pp | Russia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Russia | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −10 pp | Russia higher |
Between the two, Russia's corporate tax rate (25%) tops Maldives's (15%) by 10pp. The 201-country average is 22.6%: Maldives sits below it, Russia sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| Russia | 22% | Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01 |
| Difference | −14 pp | Russia higher |
Between the two, Russia's VAT rate (22%) tops Maldives's (8%) by 14pp. The 181-country average is 15%: Maldives sits below it, Russia sits above it. Maldives's figure is dated 2023-01-01 and Russia's 2026-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 0% | 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 |
| Russia | 0% | Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Maldives and Russia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Maldives's figure is dated 2025-10-01 and Russia's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.