SG · AsiaTZ · Africa

Singapore vs Tanzania: tax rates compared

Between the two, Tanzania's income tax rate (30%) tops Singapore's (24%) by 6pp. The 200-country average is 28%: Singapore sits below it, Tanzania sits above it.

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%30%Corporate17%30%VAT9%18%Capital Gains0%Crypto0%3%Wealth Tax0%
six shared taxes, side by side
Tax SG TZDifference
Income Tax24%30%TZ +6 pp
Corporate Tax17%30%TZ +13 pplargest gap
VAT9%18%TZ +9 pp
Capital Gains Tax0%0%match
Crypto Tax0%3%TZ +3 pp
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
Tanzania30%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Taxes on personal income) · as of 2026-01-14
Difference−6 ppTanzania higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Tanzania30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13 ppTanzania higher

Between the two, Tanzania's corporate tax rate (30%) tops Singapore's (17%) by 13pp. The 201-country average is 22.6%: Singapore sits below it, Tanzania sits above it.

VAT

VAT, side by side
CountryRateSource
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Tanzania18%Source: PWC Worldwide Tax Summaries — Tanzania (Corporate, Other taxes) · as of 2026-01-14
Difference−9 ppTanzania higher

Between the two, Tanzania's VAT rate (18%) tops Singapore's (9%) by 9pp. The 181-country average is 15%: Singapore sits below it, Tanzania sits above it.

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
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Income determination) · as of 2026-01-14
Difference0 ppdisplayed rates match

There's no gap here — Singapore and Tanzania both post a capital gains tax rate of 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
Tanzania3%Source: EY — Tanzanian Finance Act 2024 makes changes affecting businesses and individuals · as of 2024-07-01
Difference−3 ppTanzania higher

Between the two, Tanzania's crypto tax rate (3%) tops Singapore's (0%) by 3pp. The 88-country average is 13%: both sit below it. Singapore's figure is dated 2026-01-30 and Tanzania's 2024-07-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

There's no gap here — Singapore and Tanzania both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.