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Greece vs Somalia
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡¬πŸ‡· Greece
vs
πŸ‡ΈπŸ‡΄ Somalia
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–44%
Further relief measures proposed for middle income
No change
0–30%
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
6–24%
24% standard; no change
No change
10%
No change
Corporate Tax Rate
Corporate Tax Rate
22%
22%; debate on further reduction to attract investment
No change
30%
No change
Capital Gains Tax
Capital Gains Tax
15%
15% maintained; real estate market booming
No change
N/A
No change
Social Security & Payroll
Social Security / Payroll
~39%
Pension system under ongoing reform
No change
N/A
No change
State, Regional & Local Taxes

πŸ‡¬πŸ‡· Greece β€” Municipal & Regional Taxes

Greece's 13 regions (perifereies) and 325 municipalities (dimoi) do not set income tax independently. However, municipalities levy ENFIA supplements (property tax top-ups) and local business fees. The ENFIA (Single Property Tax) is nationally set but has municipal supplement components. EETA (special property levy) applies to certain properties. Greece's tax system has been substantially reformed since the 2010 bailout, with major improvements to compliance and electronic filing requirements.

πŸ‡ΈπŸ‡΄ Somalia β€” Somalia Tax System

Somalia's formal tax system is extremely limited. The Federal Government has been rebuilding fiscal capacity since 2012 after decades of civil war. Tax revenue is less than 2% of GDP. Customs duties at ports (especially Mogadishu) are the main revenue source. Al-Shabaab controls much of the south and runs a parallel extortion-based taxation system. Income tax legislation exists on paper but enforcement is minimal.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Greece vs Somalia: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¬πŸ‡· Greece has a higher top income tax rate (0–44% vs 0–30%). πŸ‡ΈπŸ‡΄ Somalia is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Greece has a higher consumption tax (6–24% vs 10%).

🏒 Corporate Tax: πŸ‡¬πŸ‡· Greece offers a lower corporate rate (22% vs 30%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡ΈπŸ‡΄ Somalia taxes investment gains at a lower rate (0% vs 15%), benefiting investors.

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