Ghana or Morocco: which taxes less?

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

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

Ghana

4.7/10

132nd of 217

Tax Ghana Morocco Gap
Corporate income tax headline rate 25% 20% +5.0 points
Personal income tax top bracket 0% to 35% 0% to 37% −2.0 points
VAT standard rate 15% 20% −5.0 points

Detailed schedules

Corporate income tax

Ghana

General rate 25%
Upstream mining and oil 35%
Hospitality 22%
Banks lending to agriculture 20%
Non-traditional exports 8%

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%