SO · AfricaTZ · Africa

Somalia vs Tanzania: tax rates compared

Tanzania's income tax rate is 12pp higher than Somalia's (30% vs 18%). The 200-country average is 28%: Somalia sits below it, Tanzania sits above it. Somalia's figure is dated 2025-11-01 and Tanzania's 2026-01-14, so the two rates come from different data vintages.

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

At a glance

0102030405060Income18%30%Corporate15%30%Wealth Tax0%
three shared taxes, side by side
Tax SO TZDifference
Income Tax18%30%TZ +12 pp
Corporate Tax15%30%TZ +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Tanzania30%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Taxes on personal income) · as of 2026-01-14
Difference−12 ppTanzania higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Somalia15%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−15 ppTanzania higher

Tanzania's corporate tax rate is 15pp higher than Somalia's (30% vs 15%). The 201-country average is 22.6%: Somalia sits below it, Tanzania sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

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

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