SG · AsiaUG · Africa

Singapore vs Uganda: tax rates compared

Between the two, Uganda's income tax rate (40%) tops Singapore's (24%) by 16pp. The 200-country average is 28%: Singapore sits below it, Uganda sits above 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

0102030405060Income24%40%Corporate17%30%VAT9%18%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax SG UGDifference
Income Tax24%40%UG +16 pplargest gap
Corporate Tax17%30%UG +13 pp
VAT9%18%UG +9 pp
Capital Gains Tax0%0%match
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
Uganda40%Source: PWC Worldwide Tax Summaries — Uganda (Individual, Taxes on personal income) · as of 2026-01-12
Difference−16 ppUganda higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Singapore17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Uganda30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−13 ppUganda higher

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

VAT

VAT, side by side
CountryRateSource
Singapore9%Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02
Uganda18%Source: PWC Worldwide Tax Summaries — Uganda (Corporate, Other taxes) · as of 2026-01-12
Difference−9 ppUganda higher

Between the two, Uganda's VAT rate (18%) tops Singapore's (9%) by 9pp. The 181-country average is 15%: Singapore sits below it, Uganda 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
Uganda0%Source: PWC Worldwide Tax Summaries — Uganda (Individual, Income determination) · as of 2026-01-12
Difference0 ppdisplayed rates match

There's no gap here — Singapore and Uganda both post a capital gains tax rate of 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
Uganda0%Source: PWC Worldwide Tax Summaries — Uganda (Individual, Other taxes) · as of 2026-01-12
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Crypto Tax.