MM · AsiaSO · Africa
Myanmar vs Somalia: tax rates compared
Myanmar has an income tax rate of 25%, 7pp above Somalia's 18%. The 200-country average is 28%: both sit below it. Myanmar's figure is dated 2026-01-21 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
| Tax | MM | SO | Difference |
|---|---|---|---|
| Income Tax | 25% | 18% | MM +7 pplargest gap |
| Corporate Tax | 22% | 15% | MM +7 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Myanmar | 25% | Source: PWC Worldwide Tax Summaries — Myanmar (Individual, Taxes on personal income) · as of 2026-01-21 |
| Somalia | 18% | 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 | +7 pp | Myanmar higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Myanmar | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Somalia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7 pp | Myanmar higher |
Myanmar has a corporate tax rate of 22%, 7pp above Somalia's 15%. The 201-country average is 22.6%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Myanmar | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-21 |
| Somalia | 0% | Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Myanmar 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.