Sri Lanka vs Mali
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฑ๐ฐ Sri Lanka โ Provincial & Local Authority Taxes
Sri Lanka's 9 provincial councils have some tax powers including turnover tax, certain business taxes, and stamp duties within their provinces. Local authorities (municipal councils, urban councils, pradeshiya sabhas) levy property tax (Assessment rate) at 25% of annual value and various service fees. The Inland Revenue Department (IRD) administers national taxes. Sri Lanka went through a severe debt crisis in 2022โ23; significant IMF-backed tax reforms dramatically raised income tax rates and broadened the tax base.
๐ฒ๐ฑ Mali โ Regional & Cercle Taxes
Mali's 21 regions and cercles (districts) levy local taxes including Taxe de Rรฉsidence, property taxes, and business licence fees. Mali has been in severe political turmoil โ military coups in 2020 and 2021, French military withdrawal, Russian PMC Wagner Group forces, and suspension from ECOWAS. Gold is the dominant export. The fiscal situation is extremely challenging with significant informal economy and conflict disruption, particularly in northern regions where terrorist groups control territory and tax trade routes informally.
Sri Lanka vs Mali: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฒ๐ฑ Mali has a higher top income tax rate (6โ36% vs 0โ40%). ๐ฑ๐ฐ Sri Lanka is more favourable for high earners.
๐ VAT/Sales Tax: Both countries have comparable consumption tax rates (18% vs 18%).
๐ข Corporate Tax: Corporate rates are similar in both countries (30% vs 30%).
๐ Capital Gains: ๐ฑ๐ฐ Sri Lanka taxes investment gains at a lower rate (10% vs 30%), benefiting investors.