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San Marino vs Brunei
Tax Rate Comparison

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

🇸🇲 San Marino
vs
🇧🇳 Brunei
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
9–35%
35% top; EU association reforms ongoing
No change
0%
No personal income tax
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
17%
17% maintained
No change
0%
No VAT planned
No change

Corporate Tax Rate

Corporate Tax Rate
17%
17% IRES; Pillar Two compliance
No change
18.5%
18.5%; Halal hub and fintech diversification incentives
No change

Capital Gains Tax

Capital Gains Tax
0–17%
CGT structure maintained
No change
0%
No CGT
No change

Social Security & Payroll

Social Security / Payroll
~30%
ISS reform; pension sustainability
No change
~15.5%
Pension contributions stable; adequacy improving
No change
State, Regional & Local Taxes

🇸🇲 San MarinoMunicipal Taxes (Castelli)

San Marino's 9 castelli (municipalities) levy local property tax supplements and communal fees. San Marino is an enclave within Italy using the euro but maintaining fiscal sovereignty under a Convention with the EU. The income tax (IRPEF) uses a progressive scale. San Marino aims to be a competitive financial jurisdiction while maintaining EU market access — with corporate tax notably lower than neighbouring Italy.

🇧🇳 BruneiNo Sub-National Tax Variation

Brunei Darussalam is an absolute monarchy with no sub-national tax variation. The Revenue Division under the Ministry of Finance administers taxes nationally. Brunei has no personal income tax, making it among the most tax-friendly jurisdictions globally. Corporate income tax applies only to companies. Oil and gas revenues fund the government, providing free healthcare, education, and subsidized housing for citizens. Brunei's Government Linked Companies (GLCs) dominate the non-oil economy. The Brunei Darussalam Economic Blueprint targets economic diversification.

⚠️ 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.

San Marino vs Brunei: Key Tax Differences (2026)

💰 Income Tax: 🇸🇲 San Marino has a higher top income tax rate (9–35% vs 0%). 🇧🇳 Brunei is more favourable for high earners.

🛒 VAT/Sales Tax: San Marino has a higher consumption tax (17% vs 0%).

🏢 Corporate Tax: 🇸🇲 San Marino offers a lower corporate rate (17% vs 18.5%), which can influence business location decisions.

📈 Capital Gains: 🇧🇳 Brunei taxes investment gains at a lower rate (0% vs 17%), benefiting investors.

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