Australia or Suriname: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Australia and Suriname weigh about the same on the taxpayer.

Tax Australia Suriname Gap
Corporate income tax headline rate 30% 36% −6.0 points
Personal income tax top bracket 0% to 45% 0% to 38% +7.0 points
VAT standard rate 10% 10% Same rate

Detailed schedules

Corporate income tax

Australia

n/a

Suriname

Legal entities Article 36 of the income tax law 36%
Business cessation or liquidation On request, article 34 paragraph 4 25%

Personal income tax

Australia

n/a

Suriname

Up to 108,000 SRD Article 34 scale 0%
108,001 to 150,000 SRD 8%
150,001 to 192,000 SRD 18%
192,001 to 234,000 SRD 28%
Over 234,000 SRD 38%
See the Australia page See the Suriname page