Iraq or Saudi Arabia: which taxes less?

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

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

Iraq

7.6/10

27th of 217

Tax Iraq Saudi Arabia Gap
Corporate income tax headline rate 15% 20% −5.0 points
Personal income tax top bracket 3% to 15% 0% +15.0 points
VAT standard rate 3% 15% −12.0 points

Detailed schedules

Corporate income tax

Iraq

n/a

Saudi Arabia

Share of profit for foreign partners 20%
Share for Saudi or Gulf partners zakat, based on equity 2.5%
Oil and gas up to 85% depending on concession n/a
See the Iraq page See the Saudi Arabia page