Solomon Islands vs Cape Verde
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΈπ§ Solomon Islands β Solomon Islands Tax System
The Solomon Islands levies income tax at progressive rates up to 40%. GST (Goods and Services Tax) replaced import duties for many items. Tax administration is handled by the Inland Revenue Division. Logging, fishing, and subsistence agriculture dominate the economy. Political instability and dependence on aid are ongoing challenges.
π¨π» Cape Verde β Cape Verde Tax System
Cape Verde (Cabo Verde) has a progressive income tax system up to 27.5%. IVA (VAT) is 15%. As a small island developing state with few natural resources, the economy depends on tourism and remittances. The country has a relatively good governance record for West Africa and is pursuing double taxation agreements. A 10% withholding tax applies to dividends and interest.
Solomon Islands vs Cape Verde: Key Tax Differences (2026)
π° Income Tax: πΈπ§ Solomon Islands has a higher top income tax rate (0β40% vs 0β27.5%). π¨π» Cape Verde is more favourable for high earners.
π VAT/Sales Tax: Cape Verde has a higher consumption tax (10% vs 15%).
π’ Corporate Tax: π¨π» Cape Verde offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
π Capital Gains: πΈπ§ Solomon Islands taxes investment gains at a lower rate (0% vs 25%), benefiting investors.