Cape Verde vs Solomon Islands
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
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.
๐ธ๐ง Solomon Islands โ Solomon Islands Tax System
The Solomon Islands levies income tax at progressive rates up to 40%. GST (Goods and Services Tax) replaced import duties for many items. Tax administration is handled by the Inland Revenue Division. Logging, fishing, and subsistence agriculture dominate the economy. Political instability and dependence on aid are ongoing challenges.
Cape Verde vs Solomon Islands: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐ง Solomon Islands has a higher top income tax rate (0โ27.5% vs 0โ40%). ๐จ๐ป Cape Verde is more favourable for high earners.
๐ VAT/Sales Tax: Cape Verde has a higher consumption tax (15% vs 10%).
๐ข Corporate Tax: ๐จ๐ป Cape Verde offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ง Solomon Islands taxes investment gains at a lower rate (0% vs 25%), benefiting investors.