SN · AfricaSG · Asia
Senegal vs Singapore: tax rates compared
Senegal has an income tax rate of 43%, 19pp above Singapore's 24%. The 200-country average is 28%: Senegal 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
| Tax | SN | SG | Difference |
|---|---|---|---|
| Income Tax | 43% | 24% | SN +19 pp |
| Corporate Tax | 30% | 17% | SN +13 pp |
| VAT | 18% | 9% | SN +9 pp |
| Capital Gains Tax | 43% | 0% | SN +43 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Senegal | 43% | Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +19 pp | Senegal higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Senegal | 30% | 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 | +13 pp | Senegal higher |
Senegal has a corporate tax rate of 30%, 13pp above Singapore's 17%. The 201-country average is 22.6%: Senegal sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Senegal | 18% | Source: PWC Worldwide Tax Summaries — Senegal (Corporate, Other taxes) · as of 2026-03-31 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +9 pp | Senegal higher |
Senegal has a VAT rate of 18%, 9pp above Singapore's 9%. The 181-country average is 15%: Senegal sits above it, Singapore sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Senegal | 43% | Source: PWC Worldwide Tax Summaries — Senegal (Individual, Taxes on personal income) · as of 2026-03-31 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | +43 pp | Senegal higher |
Senegal has a capital gains tax rate of 43%, 43pp above Singapore's 0%. The 175-country average is 10.3%: Senegal sits above it, Singapore sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Senegal | 0% | Source: PWC Worldwide Tax Summaries — Senegal (Individual, Other taxes) · as of 2026-03-31 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Senegal 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.