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Mali vs Maldives
Tax Rate Comparison

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

🇲🇱 Mali
vs
🇲🇻 Maldives
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
0–15%
15% top; tourism revenue recovery
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
18%
18% TVA maintained
No change
8–16%
T-GST 16% maintained; key revenue source
No change

Corporate Tax Rate

Corporate Tax Rate
30%
30%; mining fiscal reform expected
No change
15%
BPT 15% maintained
No change

Capital Gains Tax

Capital Gains Tax
30%
30% as income
No change
15%
15% via BPT
No change

Social Security & Payroll

Social Security / Payroll
~26.6%
INPS reform; social protection very limited
No change
~14%
Pension reform; sustainability challenge
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.

🇲🇻 MaldivesIsland Council Taxes

The Maldives has 188 inhabited islands across 26 atolls administered by island and atoll councils. Councils have limited taxing powers — primarily fees for services. The Maldives Inland Revenue Authority (MIRA) administers all national taxes. Tourism dominates the economy (>60% of GDP via resort islands). The Business Profit Tax (BPT) at 15% and the Tourism Goods and Services Tax (T-GST at 16%) are major revenue sources. No personal income tax exists for residents earning under certain thresholds.

⚠️ 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 Maldives: Key Tax Differences (2026)

💰 Income Tax: 🇲🇱 Mali has a higher top income tax rate (0–40% vs 0–15%). 🇲🇻 Maldives is more favourable for high earners.

🛒 VAT/Sales Tax: Mali has a higher consumption tax (18% vs 8–16%).

🏢 Corporate Tax: 🇲🇻 Maldives offers a lower corporate rate (15% vs 30%), which can influence business location decisions.

📈 Capital Gains: 🇲🇻 Maldives taxes investment gains at a lower rate (15% vs 30%), benefiting investors.

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