MM · AsiaLK · Asia

Myanmar vs Sri Lanka: tax rates compared

Sri Lanka's income tax rate is 11pp higher than Myanmar's (36% vs 25%). The 200-country average is 28%: Myanmar sits below it, Sri Lanka sits above it. Myanmar's figure is dated 2026-01-21 and Sri Lanka's 2025-08-28, so the two rates come from different data vintages.

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

0102030405060Income25%36%Corporate22%30%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax MM LKDifference
Income Tax25%36%LK +11 pplargest gap
Corporate Tax22%30%LK +8 pp
Capital Gains Tax10%0%MM +10 pp
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
Sri Lanka36%Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28
Difference−11 ppSri Lanka higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Myanmar22%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−8 ppSri Lanka higher

Sri Lanka's corporate tax rate is 8pp higher than Myanmar's (30% vs 22%). The 201-country average is 22.6%: Myanmar sits below it, Sri Lanka sits above 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
Sri Lanka0%Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19
Difference+10 ppMyanmar higher

Myanmar's capital gains tax rate is 10pp higher than Sri Lanka's (10% vs 0%). The 175-country average is 10.3%: both sit below it. Myanmar's figure is dated 2026-01-21 and Sri Lanka's 2025-11-19, so the two rates come from different data vintages.

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
Sri Lanka0%Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18
Difference0 ppdisplayed rates match

Myanmar'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: VAT, Crypto Tax.