ML · AfricaSG · Asia

Mali vs Singapore: tax rates compared

Mali's income tax rate is 13pp higher than Singapore's (37% vs 24%). The 200-country average is 28%: Mali sits above it, Singapore sits below it. Mali's figure is dated 2015-07-01 and Singapore's 2026-04-27, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income24%37%Corporate17%30%VAT9%18%Capital Gains0%7%Wealth Tax0%
five shared taxes, side by side
Tax ML SGDifference
Income Tax37%24%ML +13 pplargest gap
Corporate Tax30%17%ML +13 pp
VAT18%9%ML +9 pp
Capital Gains Tax7%0%ML +7 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mali37%Source: Code Général des Impôts du Mali — Direction Générale des Impôts (Article 10) · as of 2015-07-01
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference+13 ppMali higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mali30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+13 ppMali higher

Mali's corporate tax rate is 13pp higher than Singapore's (30% vs 17%). The 201-country average is 22.6%: Mali sits above it, Singapore sits below it.

VAT

VAT, side by side
CountryRateSource
Mali18%Source: Direction Générale des Impôts du Mali — "C'est quoi la TVA" (La Taxe sur la Valeur Ajoutée N°1) · as of 2020-04-01
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference+9 ppMali higher

Mali's VAT rate is 9pp higher than Singapore's (18% vs 9%). The 181-country average is 15%: Mali sits above it, Singapore sits below it. Mali's figure is dated 2020-04-01 and Singapore's 2026-07-02, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Mali7%Source: Direction Générale des Impôts du Mali — Code Général des Impôts, Article 129 · as of 2017-01-01
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference+7 ppMali higher

Mali's capital gains tax rate is 7pp higher than Singapore's (7% vs 0%). The 175-country average is 10.3%: both sit below it. Mali's figure is dated 2017-01-01 and Singapore's 2026-07-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mali0%Source: Direction Générale des Impôts du Mali — official site · as of 2026-07-18
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.