Cape Verde vs Syria
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐จ๐ป Cape Verde โ Cape Verde Tax System
Cape Verde (Cabo Verde) has a progressive income tax system up to 27.5%. IVA (VAT) is 15%. As a small island developing state with few natural resources, the economy depends on tourism and remittances. The country has a relatively good governance record for West Africa and is pursuing double taxation agreements. A 10% withholding tax applies to dividends and interest.
๐ธ๐พ Syria โ Syria Tax System
Syria's tax system is severely fragmented by civil war (since 2011). The Assad government controls western Syria and maintains a nominal tax system; Kurdish authorities (AANES) control northeast Syria with separate taxation; Islamist factions control Idlib. Income tax nominally goes up to 22%. VAT is 10%. International sanctions (US, EU) limit economic activity. Infrastructure destruction and displacement have decimated the tax base. Reconstruction costs are estimated at $400 billion+.
Cape Verde vs Syria: Key Tax Differences (2026)
๐ฐ Income Tax: ๐จ๐ป Cape Verde has a higher top income tax rate (0โ27.5% vs 0โ22%). ๐ธ๐พ Syria is more favourable for high earners.
๐ VAT/Sales Tax: Cape Verde has a higher consumption tax (15% vs 10%).
๐ข Corporate Tax: ๐จ๐ป Cape Verde offers a lower corporate rate (25% vs 28%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐พ Syria taxes investment gains at a lower rate (22% vs 25%), benefiting investors.