China vs Sri Lanka
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇨🇳 China — Provincial, Municipal & Surcharge Taxes
China's 34 provincial-level regions vary in social insurance rates (employer contributions: ~16–23% depending on province). Cities impose Urban Maintenance & Construction Tax (1–7% of VAT paid). Education surcharges add 3–5%. Local governments levy land use taxes by city tier. Free Trade Zones often have preferential 15% corporate rates.
🇱🇰 Sri Lanka — Provincial & Local Authority Taxes
Sri Lanka's 9 provincial councils have some tax powers including turnover tax, certain business taxes, and stamp duties within their provinces. Local authorities (municipal councils, urban councils, pradeshiya sabhas) levy property tax (Assessment rate) at 25% of annual value and various service fees. The Inland Revenue Department (IRD) administers national taxes. Sri Lanka went through a severe debt crisis in 2022–23; significant IMF-backed tax reforms dramatically raised income tax rates and broadened the tax base.
China vs Sri Lanka: Key Tax Differences (2026)
💰 Income Tax: 🇨🇳 China has a higher top income tax rate (3–45% vs 6–36%). 🇱🇰 Sri Lanka is more favourable for high earners.
🛒 VAT/Sales Tax: Sri Lanka has a higher consumption tax (6–13% vs 18%).
🏢 Corporate Tax: 🇨🇳 China offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
📈 Capital Gains: 🇱🇰 Sri Lanka taxes investment gains at a lower rate (10% vs 20%), benefiting investors.