SG · AsiaTL · Asia

Singapore vs Timor-Leste: tax rates compared

Singapore has an income tax rate of 24%, 14pp above Timor-Leste's 10%. The 200-country average is 28%: both sit below it.

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

0102030405060Income10%24%Corporate10%17%Capital Gains0%10%Wealth Tax0%
four shared taxes, side by side
Tax SG TLDifference
Income Tax24%10%SG +14 pplargest gap
Corporate Tax17%10%SG +7 pp
Capital Gains Tax0%10%TL +10 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
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference+14 ppSingapore higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Timor-Leste10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+7 ppSingapore higher

Singapore has a corporate tax rate of 17%, 7pp above Timor-Leste's 10%. The 201-country average is 22.6%: both sit below 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
Timor-Leste10%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Taxes on personal income) · as of 2026-03-05
Difference−10 ppTimor-Leste higher

Timor-Leste has a capital gains tax rate of 10%, 10pp above Singapore's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Singapore0%Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02
Timor-Leste0%Source: PWC Worldwide Tax Summaries — Timor-Leste (Individual, Other taxes) · as of 2026-03-05
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: VAT, Crypto Tax.