Cook Islands or Nigeria: which taxes less?

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

Level pegging: Cook Islands and Nigeria weigh about the same on the taxpayer.

Tax Cook Islands Nigeria Gap
Corporate income tax headline rate 20% 30% −10.0 points
Personal income tax top bracket 0% to 30% 0% to 25% +5.0 points
VAT standard rate 15% 7.5% +7.5 points

Detailed schedules

Corporate income tax

Cook Islands

Resident company On worldwide income 20%
Non-resident company 28%

Nigeria

Large companies revenue over 100 M NGN 30%
Small companies revenue up to 100 M NGN and assets under 250 M NGN 0%

Personal income tax

Cook Islands

Up to 11,000 NZD 2018 table, most recent published 0%
11,001 to 30,000 NZD 17%
30,001 to 80,000 NZD 27%
Over 80,000 NZD 30%

Nigeria

n/a

See the Cook Islands page See the Nigeria page