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Suriname vs Armenia
Tax Rate Comparison

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

๐Ÿ‡ธ๐Ÿ‡ท Suriname
vs
๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia
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€“38%
38% top; oil revenues transforming fiscal position
No change
20%
Flat 20%; tech hub status attracting IT workers
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
10%
10% maintained
No change
20%
20% stable
No change
Corporate Tax Rate
Corporate Tax Rate
36%
36%; new oil field revenues from Block 58
No change
18%
18%; tech incentives; Pillar Two considerations
No change
Capital Gains Tax
Capital Gains Tax
36%
36% as income
No change
10%
10% maintained
No change
Social Security & Payroll
Social Security / Payroll
~20%
SVB reform; oil wealth improving social spending
No change
~21.5%
Pension system maturing
No change
State, Regional & Local Taxes

๐Ÿ‡ธ๐Ÿ‡ท Suriname โ€” District Administrations

Suriname's 10 districts have limited local taxing authority within national frameworks. The Surinaamse Belastingdienst administers national taxes. Suriname went through a severe debt crisis in 2020โ€“21 and defaulted on its sovereign debt; an IMF program is stabilizing the economy. Oil (Staatsolie) and gold mining are dominant revenue sources. A major TotalEnergies offshore oil discovery (Block 58) is advancing toward production. Suriname uses the Surinamese dollar (SRD); significant devaluation has affected the real tax burden.

๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia โ€” 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.

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.

Suriname vs Armenia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ธ๐Ÿ‡ท Suriname has a higher top income tax rate (0โ€“38% vs 20%). ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Armenia has a higher consumption tax (10% vs 20%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia offers a lower corporate rate (18% vs 36%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ฆ๐Ÿ‡ฒ Armenia taxes investment gains at a lower rate (10% vs 36%), benefiting investors.

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