LK · AsiaVU · Oceania
Sri Lanka vs Vanuatu: tax rates compared
Sri Lanka has an income tax rate of 36%, 36pp above Vanuatu's 0%. The 200-country average is 28%: Sri Lanka sits above it, Vanuatu sits below it. Sri Lanka's figure is dated 2025-08-28 and Vanuatu's 2026-07-20, so the two rates come from different data vintages.
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
| Tax | LK | VU | Difference |
|---|---|---|---|
| Income Tax | 36% | 0% | LK +36 pplargest gap |
| Corporate Tax | 30% | 0% | LK +30 pp |
| VAT | 18% | 15% | LK +3 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 36% | Source: Inland Revenue Department, Sri Lanka — Tax Chart, Year of Assessment 2025/2026 · as of 2025-08-28 |
| Vanuatu | 0% | Source: Vanuatu Department of Customs and Inland Revenue — Information for Rent House Owners (Rent Tax) · as of 2026-07-20 |
| Difference | +36 pp | Sri Lanka higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Vanuatu | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +30 pp | Sri Lanka higher |
Sri Lanka has a corporate tax rate of 30%, 30pp above Vanuatu's 0%. The 201-country average is 22.6%: Sri Lanka sits above it, Vanuatu sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 18% | Source: Sri Lanka Inland Revenue Department — Value Added Tax (VAT) · as of 2024-01-01 |
| Vanuatu | 15% | Source: Department of Customs and Inland Revenue, Vanuatu — VAT Rate Change Notice to Retailers · as of 2018-01-01 |
| Difference | +3 pp | Sri Lanka higher |
Sri Lanka has a VAT rate of 18%, 3pp above Vanuatu's 15%. The 181-country average is 15%: Sri Lanka sits above it, Vanuatu matches the world average. Sri Lanka's figure is dated 2024-01-01 and Vanuatu's 2018-01-01, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 0% | Source: Inland Revenue Department, Sri Lanka — Capital Gain Tax (CGT) · as of 2025-11-19 |
| Vanuatu | 0% | Source: Vanuatu Department of Customs and Inland Revenue — Rent Tax · as of 2026-07-20 |
| Difference | 0 pp | displayed rates match |
Sri Lanka and Vanuatu share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Sri Lanka's figure is dated 2025-11-19 and Vanuatu's 2026-07-20, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Sri Lanka | 0% | Source: Sri Lanka Inland Revenue Department — Acts of Parliament (tax legislation listing) · as of 2026-07-18 |
| Vanuatu | 0% | Source: Vanuatu Department of Customs and Inland Revenue (official site) · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Sri Lanka and Vanuatu share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.