TaxGlass

SM · EuropeSO · Africa

San Marino vs Somalia: tax rates compared

Between the two, San Marino's income tax rate (35%) tops Somalia's (18%) by 17pp. The 200-country average is 28%: San Marino sits above it, Somalia sits below it.

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%35%Corporate15%17%Wealth Tax0%
three shared taxes, side by side
Tax SM SODifference
Income Tax35%18%SM +17 pplargest gap
Corporate Tax17%15%SM +2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
San Marino35%Source: Consiglio Grande e Generale (Parliament of San Marino) — Legge 16 dicembre 2013 n.166, testo coordinato in materia di imposta generale sui redditi, Allegato C (consolidated text, updated to 12 December 2025) · as of 2025-12-12
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+17 ppSan Marino higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
San Marino17%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+2 ppSan Marino higher

Between the two, San Marino's corporate tax rate (17%) tops Somalia's (15%) by 2pp. The 201-country average is 22.6%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
San Marino0%Source: Repubblica di San Marino, Portale del Governo — IGR: Gestione Imposte dirette, Patrimoniale (official administrative portal) · 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 — San Marino 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.