WorldTax Compareโ† All Comparisons

Singapore vs Liberia
Tax Rate Comparison

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

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
vs
๐Ÿ‡ฑ๐Ÿ‡ท Liberia
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€“24%
Stable; top bracket review under consideration
No change
0โ€“25%
25% top; fiscal reform priority
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
9%
No further GST increases planned
No change
10%
GST 10% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
17%
Global Minimum Tax compliance ongoing
No change
25%
25%; natural resource revenue reform
No change
Capital Gains Tax
Capital Gains Tax
0%
No capital gains tax
No change
15%
15% CGT
No change
Social Security & Payroll
Social Security / Payroll
37%
CPF adequacy review; contribution rates stable
No change
~9%
NASSCORP reform; pension development
No change
State, Regional & Local Taxes

๐Ÿ‡ธ๐Ÿ‡ฌ Singapore โ€” City-State โ€” No Sub-National Variation

As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0โ€“32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.

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.

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.

Singapore vs Liberia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฑ๐Ÿ‡ท Liberia has a higher top income tax rate (0โ€“24% vs 0โ€“25%). ๐Ÿ‡ธ๐Ÿ‡ฌ Singapore is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Liberia has a higher consumption tax (9% vs 10%).

๐Ÿข Corporate Tax: ๐Ÿ‡ธ๐Ÿ‡ฌ Singapore offers a lower corporate rate (17% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ธ๐Ÿ‡ฌ Singapore taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

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