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Maldives vs Tuvalu: tax rates compared

Tuvalu's income tax rate is 15pp higher than Maldives's (30% vs 15%). The 200-country average is 28%: Maldives sits below it, Tuvalu sits above it. Maldives's figure is dated 2020-01-01 and Tuvalu's 2023-07-21, 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

0102030405060Income15%30%VAT4%8%Wealth Tax0%
three shared taxes, side by side
Tax MV TVDifference
Income Tax15%30%TV +15 pplargest gap
VAT8%4%MV +4 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
Tuvalu30%Source: Tuvalu Legislation (official government legislation portal) — Income Tax Act, CAP. 26.16 (2022 Revised Edition), Schedule 6 · as of 2023-07-21
Difference−15 ppTuvalu higher

VAT

VAT, side by side
CountryRateSource
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Tuvalu4%Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19
Difference+4 ppMaldives higher

Maldives's VAT rate is 4pp higher than Tuvalu's (8% vs 4%). The 181-country average is 15%: both sit below it. Maldives's figure is dated 2023-01-01 and Tuvalu's 2011-12-19, so the two rates come from different data vintages.

Wealth Tax

Maldives's wealth tax rate is identical to Tuvalu's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Maldives's figure is dated 2025-10-01 and Tuvalu's 2026-07-18, so the two rates come from different data vintages.

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