MD · EuropeSO · Africa

Moldova vs Somalia: tax rates compared

Somalia has an income tax rate of 18%, 6pp above Moldova's 12%. The 200-country average is 28%: both sit below it. Moldova's figure is dated 2026-06-24 and Somalia's 2025-11-01, 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

0102030405060Income12%18%Corporate12%15%Wealth Tax0%
three shared taxes, side by side
Tax MD SODifference
Income Tax12%18%SO +6 pplargest gap
Corporate Tax12%15%SO +3 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Moldova12%Source: PWC Worldwide Tax Summaries — Moldova (Individual, Taxes on personal income) · as of 2026-06-24
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference−6 ppSomalia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Moldova12%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppSomalia higher

Somalia has a corporate tax rate of 15%, 3pp above Moldova's 12%. The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Moldova0%Source: PWC Worldwide Tax Summaries — Moldova (Individual, Other taxes) · as of 2026-06-24
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

Moldova and Somalia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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