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Liberia vs Canada
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ฑ๐Ÿ‡ท Liberia
vs
๐Ÿ‡จ๐Ÿ‡ฆ Canada
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0โ€“25%
25% top; fiscal reform priority
No change
15โ€“33%
Federal brackets; new govt may revisit top rates
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
10%
GST 10% maintained
No change
5โ€“15%
GST/HST normalized after holiday period
No change
Corporate Tax Rate
Corporate Tax Rate
25%
25%; natural resource revenue reform
No change
15%
15% federal; Global Minimum Tax active
No change
Capital Gains Tax
Capital Gains Tax
15%
15% CGT
No change
~33.3%
2/3 inclusion rate maintained
No change
Social Security & Payroll
Social Security / Payroll
~9%
NASSCORP reform; pension development
No change
~12.3%
CPP contribution rates stabilizing
No change
State, Regional & Local Taxes

๐Ÿ‡ฑ๐Ÿ‡ท Liberia โ€” County & District Taxes

Liberia's 15 counties and districts collect local taxes including property tax (1%โ€“3% of market value), business licence fees, and local service charges. The Liberia Revenue Authority (LRA) administers national taxes. Liberia uses the US dollar alongside the Liberian dollar. The country was devastated by civil wars (1989โ€“2003) and the 2014โ€“16 Ebola epidemic. Iron ore (ArcelorMittal, China Union), rubber, palm oil, and timber are key exports. Tax reform has been a focus of post-conflict reconstruction under successive administrations.

๐Ÿ‡จ๐Ÿ‡ฆ Canada โ€” Provincial Income & Sales Taxes

Canada's 10 provinces each levy their own income tax (4%โ€“25.75% 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.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Liberia vs Canada: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡จ๐Ÿ‡ฆ Canada has a higher top income tax rate (0โ€“25% vs 15โ€“33%). ๐Ÿ‡ฑ๐Ÿ‡ท Liberia is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Canada has a higher consumption tax (10% vs 5โ€“15%).

๐Ÿข Corporate Tax: ๐Ÿ‡จ๐Ÿ‡ฆ Canada offers a lower corporate rate (15% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ฑ๐Ÿ‡ท Liberia taxes investment gains at a lower rate (15% vs 33.3%), benefiting investors.

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