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Singapore vs Slovakia: tax rates compared

Slovakia has an income tax rate of 25%, 1pp above Singapore's 24%. The 200-country average is 28%: both sit below it. Singapore's figure is dated 2026-04-27 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income24%25%Corporate17%24%VAT9%23%Capital Gains0%Crypto0%35%Wealth Tax0%
six shared taxes, side by side
Tax SG SKDifference
Income Tax24%25%SK +1 pp
Corporate Tax17%24%SK +7 pp
VAT9%23%SK +14 pp
Capital Gains Tax0%0%match
Crypto Tax0%35%SK +35 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Singapore24%Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−1 ppSlovakia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−7 ppSlovakia higher

Slovakia has a corporate tax rate of 24%, 7pp above Singapore's 17%. The 201-country average is 22.6%: Singapore sits below it, Slovakia sits above it.

VAT

VAT, side by side
CountryRateSource
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−14 ppSlovakia higher

Slovakia has a VAT rate of 23%, 14pp above Singapore's 9%. The 181-country average is 15%: Singapore sits below it, Slovakia sits above it. Singapore's figure is dated 2026-07-02 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Income determination) · as of 2026-01-20
Difference0 ppdisplayed rates match

Singapore and Slovakia share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Singapore0%Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30
Slovakia35%Source: Slov-Lex — Zákon č. 595/2003 Z. z. o dani z príjmov (znenie účinné od 1.1.2026), §2, §4, §8, §9 a §15 · as of 2026-01-01
Difference−35 ppSlovakia higher

Slovakia has a crypto tax rate of 35%, 35pp above Singapore's 0%. The 88-country average is 13%: Singapore sits below it, Slovakia sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20
Difference0 ppdisplayed rates match

Singapore and Slovakia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.