MV · AsiaUY · Americas
Maldives vs Uruguay: tax rates compared
Uruguay has an income tax rate of 36%, 21pp above Maldives's 15%. The 200-country average is 28%: Maldives sits below it, Uruguay sits above it. Maldives's figure is dated 2020-01-01 and Uruguay's 2025-12-31, 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 | UY | Difference |
|---|---|---|---|
| Income Tax | 15% | 36% | UY +21 pplargest gap |
| Corporate Tax | 15% | 25% | UY +10 pp |
| VAT | 8% | 22% | UY +14 pp |
| Wealth Tax | 0% | 0.1% | UY +0.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| Uruguay | 36% | Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | −21 pp | Uruguay higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Uruguay | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −10 pp | Uruguay higher |
Uruguay has a corporate tax rate of 25%, 10pp above Maldives's 15%. The 201-country average is 22.6%: Maldives sits below it, Uruguay 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 |
| Uruguay | 22% | Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18 |
| Difference | −14 pp | Uruguay higher |
Uruguay has a VAT rate of 22%, 14pp above Maldives's 8%. The 181-country average is 15%: Maldives sits below it, Uruguay sits above it. Maldives's figure is dated 2023-01-01 and Uruguay's 2024-06-18, 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 |
| Uruguay | 0.1% | Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01 |
| Difference | −0.1 pp | Uruguay higher |
Uruguay has a wealth tax rate of 0.1%, 0.1pp above Maldives's 0%. The 193-country average is 0.1%: Maldives sits below it, Uruguay matches the world average.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.