NR · OceaniaSG · Asia

Nauru vs Singapore: tax rates compared

Singapore's income tax rate is 4pp higher than Nauru's (24% vs 20%). The 200-country average is 28%: both sit below it. Nauru's figure is dated 2023-07-01 and Singapore's 2026-04-27, 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

0102030405060Income20%24%Corporate17%25%VAT0%9%Wealth Tax0%
four shared taxes, side by side
Tax NR SGDifference
Income Tax20%24%SG +4 pp
Corporate Tax25%17%NR +8 pp
VAT0%9%SG +9 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nauru20%Source: Nauru Revenue Office, Ministry of Finance — Tax Rates (1 July 2023 - 30 June 2024) · as of 2023-07-01
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference−4 ppSingapore higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nauru25%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+8 ppNauru higher

Nauru's corporate tax rate is 8pp higher than Singapore's (25% vs 17%). The 201-country average is 22.6%: Nauru sits above it, Singapore sits below it.

VAT

VAT, side by side
CountryRateSource
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-19
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference−9 ppSingapore higher

Singapore's VAT rate is 9pp higher than Nauru's (9% vs 0%). The 181-country average is 15%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nauru0%Source: Department of Finance, Republic of Nauru — NRO administered legislation · as of 2026-07-18
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

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

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