Peru or Tanzania: which taxes less?

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

Level pegging: Peru and Tanzania weigh about the same on the taxpayer.

Peru

4.4/10

146th of 217

Tax Peru Tanzania Gap
Corporate income tax headline rate 29.5% 30% −0.5 points
Personal income tax top bracket 0% to 30% 15% to 30% Same rate
VAT standard rate 18% 18% Same rate

Detailed schedules

Corporate income tax

Peru

n/a

Tanzania

General regime 30%
Newly listed companies For three years 25%
Newly established approved industry For five years 10%