Singapore vs Armenia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇸🇬 Singapore — City-State — No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0–32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
🇦🇲 Armenia — Community & 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.
Singapore vs Armenia: Key Tax Differences (2026)
💰 Income Tax: 🇸🇬 Singapore has a higher top income tax rate (0–24% vs 20%). 🇦🇲 Armenia is more favourable for high earners.
🛒 VAT/Sales Tax: Armenia has a higher consumption tax (9% vs 20%).
🏢 Corporate Tax: 🇸🇬 Singapore offers a lower corporate rate (17% vs 18%), which can influence business location decisions.
📈 Capital Gains: 🇸🇬 Singapore taxes investment gains at a lower rate (0% vs 10%), benefiting investors.