Solomon Islands: Income and profits taxes

The latest value from 2022 is 27.63 percent, an increase from 19.18 percent in 2020. In comparison, the world average is 31.54 percent, based on data from 93 countries. Historically, the average for the Solomon Islands from 2011 to 2022 is 22.89 percent. The minimum value, 19.18 percent, was reached in 2020 while the maximum of 27.63 percent was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.