ST · AfricaTV · Oceania
São Tomé and Príncipe vs Tuvalu: tax rates compared
Between the two, Tuvalu's income tax rate (30%) tops São Tomé and Príncipe's (25%) by 5pp. The 200-country average is 28%: São Tomé and Príncipe sits below it, Tuvalu sits above it. São Tomé and Príncipe's figure is dated 2009-10-08 and Tuvalu's 2023-07-21, 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
| Tax | ST | TV | Difference |
|---|---|---|---|
| Income Tax | 25% | 30% | TV +5 pp |
| VAT | 15% | 4% | ST +11 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 |
| Tuvalu | 30% | Source: Tuvalu Legislation (official government legislation portal) — Income Tax Act, CAP. 26.16 (2022 Revised Edition), Schedule 6 · as of 2023-07-21 |
| Difference | −5 pp | Tuvalu higher |
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 |
| Tuvalu | 4% | Source: Consumption Tax Regulations, 2022 Revised Edition (CAP 26.02.1), Tuvalu · as of 2011-12-19 |
| Difference | +11 pp | São Tomé and Príncipe higher |
Between the two, São Tomé and Príncipe's VAT rate (15%) tops Tuvalu's (4%) by 11pp. The 181-country average is 15%: São Tomé and Príncipe matches the world average, Tuvalu sits below it. São Tomé and Príncipe's figure is dated 2023-06-01 and Tuvalu's 2011-12-19, 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 |
| Tuvalu | 0% | Source: Tuvalu Income Tax Act (CAP. 26.16), 2022 Revised Edition — Tuvalu Legislation Online · as of 2022-12-31 |
| Difference | +15 pp | São Tomé and Príncipe higher |
Between the two, São Tomé and Príncipe's capital gains tax rate (15%) tops Tuvalu's (0%) by 15pp. The 175-country average is 10.3%: São Tomé and Príncipe sits above it, Tuvalu sits below it. São Tomé and Príncipe's figure is dated 2009-10-08 and Tuvalu's 2022-12-31, so the two rates come from different data vintages.
Not covered for both countries yet: Corporate Tax, Crypto Tax, Wealth Tax.