RW · AfricaRS · Europe

Rwanda vs Serbia: tax rates compared

Rwanda has an income tax rate of 30%, 20pp above Serbia's 10%. The 200-country average is 28%: Rwanda sits above it, Serbia sits below it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income10%30%Corporate15%28%VAT18%20%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax RW RSDifference
Income Tax30%10%RW +20 pplargest gap
Corporate Tax28%15%RW +13 pp
VAT18%20%RS +2 pp
Capital Gains Tax0%15%RS +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Rwanda30%Source: Rwanda Revenue Authority — Calculate PAYE · as of 2026-07-20
Serbia10%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference+20 ppRwanda higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Rwanda28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Serbia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+13 ppRwanda higher

Rwanda has a corporate tax rate of 28%, 13pp above Serbia's 15%. The 201-country average is 22.6%: Rwanda sits above it, Serbia sits below it.

VAT

VAT, side by side
CountryRateSource
Rwanda18%Source: PWC Worldwide Tax Summaries — Rwanda (Corporate, Other taxes) · as of 2026-02-18
Serbia20%Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25
Difference−2 ppSerbia higher

Serbia has a VAT rate of 20%, 2pp above Rwanda's 18%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Serbia15%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference−15 ppSerbia higher

Serbia has a capital gains tax rate of 15%, 15pp above Rwanda's 0%. The 175-country average is 10.3%: Rwanda sits below it, Serbia sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
Serbia0%Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25
Difference0 ppdisplayed rates match

Rwanda and Serbia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.