Chad or Sri Lanka: which taxes less?

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

Level pegging: Chad and Sri Lanka weigh about the same on the taxpayer.

Chad

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Tax Chad Sri Lanka Gap
Corporate income tax headline rate 35% 30% +5.0 points
Personal income tax top bracket 0% to 30% 6% to 36% −6.0 points
VAT standard rate 18% 18% Same rate

Detailed schedules

Corporate income tax

Chad

General rate 35%
Minimum tax 1.5% of revenue, due even without profit 1.5%

Sri Lanka

Standard companies 30%
Exported services paid in foreign currency Revenue repatriated via banking system 15%
Gambling, betting, alcohol and tobacco 45%

Personal income tax

Chad

n/a

Sri Lanka

Up to 1,000,000 LKR After personal allowance of 1,800,000 LKR 6%
1,000,001 to 1,500,000 LKR 18%
1,500,001 to 2,000,000 LKR 24%
2,000,001 to 2,500,000 LKR 30%
Over 2,500,000 LKR 36%
See the Chad page See the Sri Lanka page