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Taxes on Income, Profits and Capital Gains (Local Currency) in Somalia

Source: World Bank
Last Updated: December 1, 2024

Taxes on income, profits and capital gains reached SOS 0.012 bil in 2020 in Somalia, according to the National Statistical Office. This is 8.36% more than in the previous year.

Historically, taxes on income, profits and capital gains in Somalia reached an all time high of SOS 0.012 bil in 2020 and an all time low of SOS 0.003 bil in 2017.

Somalia has been ranked 109th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains.

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