Papua New Guinea vs Sri Lanka: Corporate income tax (CIT) - statutory and targeted small business
Corporate income tax (CIT) - statutory and targeted small business over time
- Papua New Guinea
- Sri Lanka
How they compare
Papua New Guinea currently reports 30 Percentage of taxable income against 30 Percentage of taxable income in Sri Lanka, a difference of 0 Percentage of taxable income.
The two have swapped places 2 times across 27 shared years of data; in 2000 it was Sri Lanka ahead.
Papua New Guinea ranks 10th and Sri Lanka ranks 10th of 128 countries.
Across the 3 decades both report, Papua New Guinea averaged higher in 2 and Sri Lanka in 1.
Head to head by decade
| Decade | Papua New Guinea | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.5 Percentage of taxable income | 35.2 Percentage of taxable income | 6.7 Percentage of taxable income | Sri Lanka |
| 2010s | 30 Percentage of taxable income | 28.7 Percentage of taxable income | 1.3 Percentage of taxable income | Papua New Guinea |
| 2020s | 30 Percentage of taxable income | 28 Percentage of taxable income | 2 Percentage of taxable income | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher corporate income tax (cit) - statutory and targeted small business, Papua New Guinea or Sri Lanka?
- Papua New Guinea, at 30 Percentage of taxable income against 30 Percentage of taxable income in Sri Lanka as of 2026.
- What is the difference in corporate income tax (cit) - statutory and targeted small business between Papua New Guinea and Sri Lanka?
- 0 Percentage of taxable income, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Sri Lanka?
- 27 years are reported by both, from 2000 to 2026.
- How do Papua New Guinea and Sri Lanka rank globally for corporate income tax (cit) - statutory and targeted small business?
- Papua New Guinea ranks 10th and Sri Lanka ranks 10th of 128 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.