The Sales Tax Rate in Somalia stands at 10 percent. source: Ministry of Finance and Planning

Sales Tax Rate in Somalia is expected to reach 10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Somalia Sales Tax Rate is projected to trend around 10.00 percent in 2021, according to our econometric models.

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Somalia Sales Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 10.00 10.00 2014 - 2020 percent Yearly

Somalia Taxes Last Previous Highest Lowest Unit
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]


Somalia Sales Tax Rate
In Somalia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Somalia.