MV · AsiaSB · Oceania
Maldives vs Solomon Islands: tax rates compared
Between the two, Solomon Islands's income tax rate (40%) tops Maldives's (15%) by 25pp. The 200-country average is 28%: Maldives sits below it, Solomon Islands sits above it. Maldives's figure is dated 2020-01-01 and Solomon Islands's 2026-05-18, so the two rates come from different data vintages.
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
| Tax | MV | SB | Difference |
|---|---|---|---|
| Income Tax | 15% | 40% | SB +25 pplargest gap |
| Corporate Tax | 15% | 30% | SB +15 pp |
| 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 |
| Solomon Islands | 40% | Source: Solomon Islands Inland Revenue Division — Income Tax · as of 2026-05-18 |
| Difference | −25 pp | Solomon Islands higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Solomon Islands | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −15 pp | Solomon Islands higher |
Between the two, Solomon Islands's corporate tax rate (30%) tops Maldives's (15%) by 15pp. The 201-country average is 22.6%: Maldives sits below it, Solomon Islands sits above it.
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 |
| Solomon Islands | 0% | Source: Solomon Islands Inland Revenue Division · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Maldives and Solomon Islands 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 Solomon Islands's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.