Iraq or Maldives: which taxes less?

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

Level pegging: Iraq and Maldives weigh about the same on the taxpayer.

Iraq

7.6/10

27th of 217

Tax Iraq Maldives Gap
Corporate income tax headline rate 15% 15% Same rate
Personal income tax top bracket 3% to 15% 0% to 15% Same rate
VAT standard rate 3% 6% −3.0 points

Detailed schedules

Corporate income tax

Iraq

n/a

Maldives

Profit over 500,000 MVR 15%
Profit up to 500,000 MVR 0%
Banks on total profit 25%
See the Iraq page See the Maldives page