RU · EuropeSO · Africa

Russia vs Somalia: tax rates compared

Between the two, Russia's income tax rate (22%) tops Somalia's (18%) by 4pp. The 200-country average is 28%: both sit below it. Russia's figure is dated 2026-07-04 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

0102030405060Income18%22%Corporate15%25%Wealth Tax0%
three shared taxes, side by side
Tax RU SODifference
Income Tax22%18%RU +4 pp
Corporate Tax25%15%RU +10 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Russia22%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
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+4 ppRussia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Russia25%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+10 ppRussia higher

Between the two, Russia's corporate tax rate (25%) tops Somalia's (15%) by 10pp. The 201-country average is 22.6%: Russia sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Russia0%Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Russia and Somalia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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