ST · AfricaZM · Africa
São Tomé and Príncipe vs Zambia: tax rates compared
Zambia has an income tax rate of 37%, 12pp above São Tomé and Príncipe's 25%. The 200-country average is 28%: São Tomé and Príncipe sits below it, Zambia sits above it. São Tomé and Príncipe's figure is dated 2009-10-08 and Zambia's 2026-01-01, 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 | ZM | Difference |
|---|---|---|---|
| Income Tax | 25% | 37% | ZM +12 pp |
| Corporate Tax | 25% | 30% | ZM +5 pp |
| VAT | 15% | 16% | ZM +1 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 |
| Zambia | 37% | Source: PWC Worldwide Tax Summaries — Zambia (Individual, Taxes on personal income) · as of 2026-01-01 |
| Difference | −12 pp | Zambia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| São Tomé and Príncipe | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Zambia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5 pp | Zambia higher |
Zambia has a corporate tax rate of 30%, 5pp above São Tomé and Príncipe's 25%. The 201-country average is 22.6%: both sit above 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 |
| Zambia | 16% | Source: PWC Worldwide Tax Summaries — Zambia (Corporate, Other taxes) · as of 2026-03-20 |
| Difference | −1 pp | Zambia higher |
Zambia has a VAT rate of 16%, 1pp above São Tomé and Príncipe's 15%. The 181-country average is 15%: São Tomé and Príncipe matches the world average, Zambia sits above it. São Tomé and Príncipe's figure is dated 2023-06-01 and Zambia's 2026-03-20, 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 |
| Zambia | 0% | Source: PWC Worldwide Tax Summaries — Zambia (Individual, Income determination) · as of 2026-03-20 |
| Difference | +15 pp | São Tomé and Príncipe higher |
São Tomé and Príncipe has a capital gains tax rate of 15%, 15pp above Zambia's 0%. The 175-country average is 10.3%: São Tomé and Príncipe sits above it, Zambia sits below it. São Tomé and Príncipe's figure is dated 2009-10-08 and Zambia's 2026-03-20, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.