Cape Verde vs Canada
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐จ๐ป Cape Verde โ Cape Verde Tax System
Cape Verde (Cabo Verde) has a progressive income tax system up to 27.5%. IVA (VAT) is 15%. As a small island developing state with few natural resources, the economy depends on tourism and remittances. The country has a relatively good governance record for West Africa and is pursuing double taxation agreements. A 10% withholding tax applies to dividends and interest.
๐จ๐ฆ Canada โ Provincial Income & Sales Taxes
Canada's 10 provinces each levy their own income tax (4%โ25.75% top). Combined federal+provincial top rates exceed 50% in Quebec, Nova Scotia, and Ontario. Quebec has its own QPP and QST (9.975%). Alberta has no provincial sales tax. HST replaces GST+PST in Atlantic provinces and Ontario. Property taxes are municipal.
Cape Verde vs Canada: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ฆ Canada has a higher top income tax rate (0โ27.5% vs 15โ33%). ๐จ๐ป Cape Verde is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 5โ15%).
๐ข Corporate Tax: ๐จ๐ฆ Canada offers a lower corporate rate (15% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐จ๐ป Cape Verde taxes investment gains at a lower rate (25% vs 33.3%), benefiting investors.