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Nigeria vs Armenia
Tax Rate Comparison

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

πŸ‡³πŸ‡¬ Nigeria
vs
πŸ‡¦πŸ‡² Armenia
Tax Year:

πŸ’° Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
7–24%
Tax reform bill (2024) restructuring rates; implementation phased
No change
20%
Flat 20%; tech hub status attracting IT workers
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
7.5%
7.5% maintained; reform bill proposes higher rate
No change
20%
20% stable
No change
Corporate Tax Rate
Corporate Tax Rate
25%
Reform bill reducing to 25% for large companies
β–Ό -5.0pp vs 2025
18%
18%; tech incentives; Pillar Two considerations
No change
Capital Gains Tax
Capital Gains Tax
10%
10% stable
No change
10%
10% maintained
No change
Social Security & Payroll
Social Security / Payroll
18%
18% total maintained; pension fund growing
No change
~21.5%
Pension system maturing
No change
State, Regional & Local Taxes

πŸ‡³πŸ‡¬ Nigeria β€” State & Local Government Taxes

Nigeria's 36 states and FCT each have their own Personal Income Tax Law (PITL), though rates follow a national schedule. States levy property rates, land use charges, and business premises levies. The 774 local government areas (LGAs) levy tenement rates and market fees. Only federal employees and residents in the FCT pay federal income tax to FIRS; all others pay to state tax authorities. VAT revenue is shared: 15% FIRS, 50% states, 35% LGAs.

πŸ‡¦πŸ‡² Armenia β€” Community & Municipal Taxes

Armenia's 930 communities (hamaynkner) levy local taxes including land tax and property tax within frameworks set by the Tax Code. Yerevan, as a metropolis divided into 12 administrative districts, has the highest commercial property values. The State Revenue Committee (SRC) administers all national taxes. Armenia has an EU-associated trade agreement (CEPA) and maintains CIS links with Russia. A flat income tax replaced progressive rates in 2020. Significant diaspora investment affects the fiscal landscape.

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

Nigeria vs Armenia: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡³πŸ‡¬ Nigeria has a higher top income tax rate (7–24% vs 20%). πŸ‡¦πŸ‡² Armenia is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Armenia has a higher consumption tax (7.5% vs 20%).

🏒 Corporate Tax: πŸ‡¦πŸ‡² Armenia offers a lower corporate rate (18% vs 25%), which can influence business location decisions.

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