San Marino
5.3/10
105th of 217
San Marino or Seychelles: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Level pegging: San Marino and Seychelles weigh about the same on the taxpayer.
Seychelles
5.3/10
99th of 217
| Tax | San Marino | Seychelles | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 17% | 25% | −8.0 points |
| Personal income tax top bracket | 12% to 50% | 0% to 25% | +25.0 points |
| VAT standard rate | 0% | 15% | −15.0 points |
Detailed schedules
Corporate income tax
San Marino
| General income tax Single flat rate on taxable income | 17% |
Seychelles
| Up to 1,000,000 SCR profit | 15% |
| Over 1,000,000 SCR | 25% |
Personal income tax
San Marino
n/a
Seychelles
| Up to 102,666 SCR | 0% |
| 102,667 to 1,000,000 SCR | 15% |
| Over 1,000,000 SCR | 25% |
- San Marino : www.consigliograndeegenerale.sm
- Seychelles : src.gov.sc