Ireland vs Somalia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฎ๐ช Ireland โ Local Property Tax & USC
Ireland has no regional or municipal income tax. The Universal Social Charge (USC) is a national levy (0.5%โ8%). Local Property Tax (LPT) is set nationally but collected by local authorities. Commercial rates are set by local councils. Ireland's 12.5% corporate rate attracted multinationals, though Pillar Two now effectively raises this to 15% for large groups.
๐ธ๐ด Somalia โ 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.
Ireland vs Somalia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฎ๐ช Ireland has a higher top income tax rate (20โ40% vs 0โ30%). ๐ธ๐ด Somalia is more favourable for high earners.
๐ VAT/Sales Tax: Ireland has a higher consumption tax (9โ23% vs 10%).
๐ข Corporate Tax: ๐ฎ๐ช Ireland offers a lower corporate rate (15% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ด Somalia taxes investment gains at a lower rate (0% vs 33%), benefiting investors.