Libya or Palau: which taxes less?

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

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Lighter: Palau, ahead by 0.2 FiScore point.

Libya

7.7/10

24th of 217

7.9/10

22nd of 217

Tax	Libya	Palau	Gap
Corporate income tax headline rate	20%	4%	+16.0 points
Personal income tax top bracket	5% to 10%	9.3% to 19.6%	−9.6 points
VAT standard rate	0%	7.5%	−7.5 points

Libya

n/a

Palau

Gross revenue tax base: receipts, not profit	4%