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Nigeria vs Taiwan
Tax Rate Comparison

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

🇳🇬 Nigeria
vs
🇹🇼 Taiwan
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
7–24%
Tax reform bill (2024) restructuring rates; implementation phased
No change
5–40%
Stable system; cross-strait tax issues remain complex
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
7.5%
7.5% maintained; reform bill proposes higher rate
No change
5%
5% maintained; one of world's lowest VAT rates
No change

Corporate Tax Rate

Corporate Tax Rate
25%
Reform bill reducing to 25% for large companies
-5.0pp vs 2025
20%
20% maintained; Pillar Two compliance
No change

Capital Gains Tax

Capital Gains Tax
10%
10% stable
No change
0%
No CGT on securities; land value tax on property
No change

Social Security & Payroll

Social Security / Payroll
18%
18% total maintained; pension fund growing
No change
~31%
NHI funding adequacy review; labor insurance adjustments
No change
State, Regional & Local Taxes

🇳🇬 NigeriaState & 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.

🇹🇼 TaiwanMunicipal & County Tax Levies

Taiwan's 6 special municipalities (including Taipei, New Taipei, Kaohsiung), 3 cities, and 13 counties each levy local taxes including land value tax (1%–5.5% of announced land value), house tax (1.5%–3.6% on residential; 3%–5% commercial), and vehicle license tax. Land Value Increment Tax (LVIT) on land price gains is a major revenue source. The National Taxation Bureau administers national income and business taxes.

⚠️ 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 Taiwan: Key Tax Differences (2026)

💰 Income Tax: 🇹🇼 Taiwan has a higher top income tax rate (7–24% vs 5–40%). 🇳🇬 Nigeria is more favourable for high earners.

🛒 VAT/Sales Tax: Nigeria has a higher consumption tax (7.5% vs 5%).

🏢 Corporate Tax: 🇹🇼 Taiwan offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇹🇼 Taiwan taxes investment gains at a lower rate (0% vs 10%), benefiting investors.

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All 🇳🇬 Nigeria comparisons →All 🇹🇼 Taiwan comparisons →