Malaysia or Nigeria: which taxes less?

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

Level pegging: Malaysia and Nigeria weigh about the same on the taxpayer.

Tax Malaysia Nigeria Gap
Corporate income tax headline rate 24% 30% −6.0 points
Personal income tax top bracket 0% to 30% 0% to 25% +5.0 points
VAT standard rate 10% 7.5% +2.5 points

Detailed schedules

Corporate income tax

Malaysia

n/a

Nigeria

Large companies revenue over 100 M NGN 30%
Small companies revenue up to 100 M NGN and assets under 250 M NGN 0%