MM · AsiaSG · Asia

Myanmar vs Singapore: tax rates compared

Myanmar has an income tax rate of 25%, 1pp above Singapore's 24%. The 200-country average is 28%: both sit below it.

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

0102030405060Income24%25%Corporate17%22%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax MM SGDifference
Income Tax25%24%MM +1 pp
Corporate Tax22%17%MM +5 pp
Capital Gains Tax10%0%MM +10 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Myanmar25%Source: PWC Worldwide Tax Summaries — Myanmar (Individual, Taxes on personal income) · as of 2026-01-21
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference+1 ppMyanmar higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Myanmar22%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+5 ppMyanmar higher

Myanmar has a corporate tax rate of 22%, 5pp above Singapore's 17%. The 201-country average is 22.6%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Myanmar10%Source: PwC Worldwide Tax Summaries — Myanmar (Individual, Other taxes) · as of 2026-01-21
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference+10 ppMyanmar higher

Myanmar has a capital gains tax rate of 10%, 10pp above Singapore's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Myanmar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-21
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Myanmar and Singapore 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, Crypto Tax.