SL · AfricaTW · Asia

Sierra Leone vs Taiwan: tax rates compared

Taiwan's income tax rate is 10pp higher than Sierra Leone's (40% vs 30%). The 200-country average is 28%: both sit above it. Sierra Leone's figure is dated 2021-01-01 and Taiwan's 2026-01-12, so the two rates come from different data vintages.

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

0102030405060Income30%40%Corporate20%25%VAT5%15%Capital Gains0%25%Wealth Tax0%
five shared taxes, side by side
Tax SL TWDifference
Income Tax30%40%TW +10 pp
Corporate Tax25%20%SL +5 pp
VAT15%5%SL +10 pp
Capital Gains Tax25%0%SL +25 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Sierra Leone30%Source: Sierra Leone National Revenue Authority — 2022 NRA Tax Guide · as of 2021-01-01
Taiwan40%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Taxes on personal income) · as of 2026-01-12
Difference−10 ppTaiwan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Sierra Leone25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Taiwan20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppSierra Leone higher

Sierra Leone's corporate tax rate is 5pp higher than Taiwan's (25% vs 20%). The 201-country average is 22.6%: Sierra Leone sits above it, Taiwan sits below it.

VAT

VAT, side by side
CountryRateSource
Sierra Leone15%Source: National Revenue Authority (Sierra Leone) — A Guide to the GST Legislation · as of 2009-03-01
Taiwan5%Source: PWC Worldwide Tax Summaries — Taiwan (Corporate, Other taxes) · as of 2026-01-12
Difference+10 ppSierra Leone higher

Sierra Leone's VAT rate is 10pp higher than Taiwan's (15% vs 5%). The 181-country average is 15%: Sierra Leone matches the world average, Taiwan sits below it. Sierra Leone's figure is dated 2009-03-01 and Taiwan's 2026-01-12, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Sierra Leone25%Source: National Revenue Authority, Sierra Leone — Finance Act 2021 (Section 13, amending Income Tax Act 2000 Section 57(1)) · as of 2021-01-01
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Income determination / Capital gains tax rates quick chart) · as of 2026-01-12
Difference+25 ppSierra Leone higher

Sierra Leone's capital gains tax rate is 25pp higher than Taiwan's (25% vs 0%). The 175-country average is 10.3%: Sierra Leone sits above it, Taiwan sits below it. Sierra Leone's figure is dated 2021-01-01 and Taiwan's 2026-01-12, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Sierra Leone0%Source: Sierra Leone National Revenue Authority — Tax Laws & Regulations (official index) · as of 2026-07-18
Taiwan0%Source: PWC Worldwide Tax Summaries — Taiwan (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

Sierra Leone's wealth tax rate is identical to Taiwan's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.