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Mali vs Armenia
Tax Rate Comparison

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

🇲🇱 Mali
vs
🇦🇲 Armenia
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–40%
40% top; political transition ongoing
No change
20%
Flat 20%; tech hub status attracting IT workers
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
18%
18% TVA maintained
No change
20%
20% stable
No change

Corporate Tax Rate

Corporate Tax Rate
30%
30%; mining fiscal reform expected
No change
18%
18%; tech incentives; Pillar Two considerations
No change

Capital Gains Tax

Capital Gains Tax
30%
30% as income
No change
10%
10% maintained
No change

Social Security & Payroll

Social Security / Payroll
~26.6%
INPS reform; social protection very limited
No change
~21.5%
Pension system maturing
No change
State, Regional & Local Taxes

🇲🇱 MaliRegional & Cercle Taxes

Mali's 21 regions and cercles (districts) levy local taxes including Taxe de Résidence, property taxes, and business licence fees. Mali has been in severe political turmoil — military coups in 2020 and 2021, French military withdrawal, Russian PMC Wagner Group forces, and suspension from ECOWAS. Gold is the dominant export. The fiscal situation is extremely challenging with significant informal economy and conflict disruption, particularly in northern regions where terrorist groups control territory and tax trade routes informally.

🇦🇲 ArmeniaCommunity & Municipal Taxes

Armenia's 930 communities (hamaynkner) levy local taxes including land tax and property tax within frameworks set by the Tax Code. Yerevan, as a metropolis divided into 12 administrative districts, has the highest commercial property values. The State Revenue Committee (SRC) administers all national taxes. Armenia has an EU-associated trade agreement (CEPA) and maintains CIS links with Russia. A flat income tax replaced progressive rates in 2020. Significant diaspora investment affects the fiscal landscape.

⚠️ 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.

Mali vs Armenia: Key Tax Differences (2026)

💰 Income Tax: 🇲🇱 Mali has a higher top income tax rate (0–40% vs 20%). 🇦🇲 Armenia is more favourable for high earners.

🛒 VAT/Sales Tax: Armenia has a higher consumption tax (18% vs 20%).

🏢 Corporate Tax: 🇦🇲 Armenia offers a lower corporate rate (18% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇦🇲 Armenia taxes investment gains at a lower rate (10% vs 30%), benefiting investors.

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All 🇲🇱 Mali comparisons →All 🇦🇲 Armenia comparisons →