Eswatini or Morocco: which taxes less?

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

Level pegging: Eswatini and Morocco weigh about the same on the taxpayer.

Tax Eswatini Morocco Gap
Corporate income tax headline rate 27.5% 20% +7.5 points
Personal income tax top bracket 20% to 33% 0% to 37% −4.0 points
VAT standard rate 15% 20% −5.0 points

Detailed schedules

Corporate income tax

Eswatini

n/a

Morocco

Profit under 100 M MAD 20%
Profit of 100 M MAD and over 35%
Banks and insurance Bank Al-Maghrib, CDG, insurance and reinsurance 40%