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São Tomé and Príncipe vs Singapore: tax rates compared
São Tomé and Príncipe has an income tax rate of 25%, 1pp above Singapore's 24%. The 200-country average is 28%: both sit below it. São Tomé and Príncipe's figure is dated 2009-10-08 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
| Tax | ST | SG | Difference |
|---|---|---|---|
| Income Tax | 25% | 24% | ST +1 pp |
| Corporate Tax | 25% | 17% | ST +8 pp |
| VAT | 15% | 9% | ST +6 pp |
| Capital Gains Tax | 15% | 0% | ST +15 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| São Tomé and Príncipe | 25% | Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Art. 66 · as of 2009-10-08 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +1 pp | São Tomé and Príncipe higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| São Tomé and Príncipe | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +8 pp | São Tomé and Príncipe higher |
São Tomé and Príncipe has a corporate tax rate of 25%, 8pp above Singapore's 17%. The 201-country average is 22.6%: São Tomé and Príncipe sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| São Tomé and Príncipe | 15% | Source: Ministério do Planeamento, Finanças e Economia Azul (São Tomé e Príncipe) — Manual do IVA 2023 · as of 2023-06-01 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +6 pp | São Tomé and Príncipe higher |
São Tomé and Príncipe has a VAT rate of 15%, 6pp above Singapore's 9%. The 181-country average is 15%: São Tomé and Príncipe matches the world average, Singapore sits below it. São Tomé and Príncipe's figure is dated 2023-06-01 and Singapore's 2026-07-02, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| São Tomé and Príncipe | 15% | Source: Diário da República (official gazette), São Tomé e Príncipe — Lei n.º 11/2009, Código do Imposto sobre o Rendimento das Pessoas Singulares (IRS), Articles 27, 69 and 70 · as of 2009-10-08 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | +15 pp | São Tomé and Príncipe higher |
São Tomé and Príncipe has a capital gains tax rate of 15%, 15pp above Singapore's 0%. The 175-country average is 10.3%: São Tomé and Príncipe sits above it, Singapore sits below it. São Tomé and Príncipe's figure is dated 2009-10-08 and Singapore's 2026-07-02, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.