LC · AmericasSG · Asia

Saint Lucia vs Singapore: tax rates compared

Saint Lucia has an income tax rate of 30%, 6pp above Singapore's 24%. The 200-country average is 28%: Saint Lucia sits above it, Singapore 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

0102030405060Income24%30%Corporate17%30%VAT9%12.5%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax LC SGDifference
Income Tax30%24%LC +6 pp
Corporate Tax30%17%LC +13 pplargest gap
VAT12.5%9%LC +3.5 pp
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Saint Lucia30%Source: PWC Worldwide Tax Summaries — Saint Lucia (Individual, Taxes on personal income) · as of 2026-01-13
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Difference+6 ppSaint Lucia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Saint Lucia30%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+13 ppSaint Lucia higher

Saint Lucia has a corporate tax rate of 30%, 13pp above Singapore's 17%. The 201-country average is 22.6%: Saint Lucia sits above it, Singapore sits below it.

VAT

VAT, side by side
CountryRateSource
Saint Lucia12.5%Source: PWC Worldwide Tax Summaries — Saint Lucia (Corporate, Other taxes) · as of 2026-01-13
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Difference+3.5 ppSaint Lucia higher

Saint Lucia has a VAT rate of 12.5%, 3.5pp above Singapore's 9%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Saint Lucia0%Source: PWC Worldwide Tax Summaries — Saint Lucia (Individual, Income determination) · as of 2026-01-13
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Saint Lucia and Singapore share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Saint Lucia0%Source: PWC Worldwide Tax Summaries — Saint Lucia (Individual, Other taxes) · as of 2026-01-13
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Saint Lucia and Singapore 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.