MU · AfricaLK · Asia

Mauritius vs Sri Lanka: tax rates compared

Sri Lanka's income tax rate is 16pp higher than Mauritius's (36% vs 20%). The 200-country average is 28%: Mauritius sits below it, Sri Lanka sits above it.

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

0102030405060Income20%36%Corporate15%30%VAT15%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax MU LKDifference
Income Tax20%36%LK +16 pplargest gap
Corporate Tax15%30%LK +15 pp
VAT15%18%LK +3 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Mauritius20%Source: PWC Worldwide Tax Summaries — Mauritius (Individual, Taxes on personal income) · as of 2025-07-01
Sri Lanka36%Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28
Difference−16 ppSri Lanka higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Mauritius15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Sri Lanka30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−15 ppSri Lanka higher

Sri Lanka's corporate tax rate is 15pp higher than Mauritius's (30% vs 15%). The 201-country average is 22.6%: Mauritius sits below it, Sri Lanka sits above it.

VAT

VAT, side by side
CountryRateSource
Mauritius15%Source: PWC Worldwide Tax Summaries — Mauritius (Corporate, Other taxes) · as of 2026-06-15
Sri Lanka18%Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01
Difference−3 ppSri Lanka higher

Sri Lanka's VAT rate is 3pp higher than Mauritius's (18% vs 15%). The 181-country average is 15%: Mauritius matches the world average, Sri Lanka sits above it. Mauritius's figure is dated 2026-06-15 and Sri Lanka's 2024-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Mauritius0%Source: PwC Worldwide Tax Summaries — Mauritius (Individual, Income determination) · as of 2026-06-15
Sri Lanka0%Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19
Difference0 ppdisplayed rates match

Mauritius's capital gains tax rate is identical to Sri Lanka's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Mauritius's figure is dated 2026-06-15 and Sri Lanka's 2025-11-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Mauritius0%Source: PWC Worldwide Tax Summaries — Mauritius (Individual, Other taxes) · as of 2026-06-15
Sri Lanka0%Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.