Tax in Solomon Islands
Last reviewed: · by TaxProsRated editorial
TL;DR
Solomon Islands Inland Revenue Division administers personal income tax at progressive rates (top 40 percent), corporate income tax at 30 percent, and Goods Tax at varying rates (Solomon Islands does not currently have credit-method VAT).
Tax authority
Inland Revenue Division under the Ministry of Finance and Treasury [SC1]. Substantive law: Income Tax Act; Goods Tax Act.
Filing framework
Fiscal year 1 January - 31 December. Annual returns due 31 March. Goods Tax monthly.
Residency
Residents are physically present 183+ days [SC2].
Personal income tax
Progressive bands. Top 40 percent.
Corporate tax
30 percent on Solomon Islands-source profits. Mining and forestry under specific frameworks.
Indirect tax
Goods Tax at varying rates (10-15 percent typical) [SC3]. Solomon Islands does not currently have credit-method VAT.
Cryptoassets
No dedicated framework.
Treaties
Limited DTT network. Pacific Islands Forum member.
Frequently asked
What is the Solomon Islands corporate tax rate?
30 percent on Solomon Islands-source profits. Mining and forestry under specific frameworks.
Does Solomon Islands have VAT?
No credit-method VAT currently. Goods Tax at varying rates (10-15 percent typical).
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The figures, dates, and rules on this page are sourced from the documents listed below. Where two sources disagree, both are listed.
- Inland Revenue Division (Solomon Islands) · accessed
- Government of Solomon Islands · accessed
Important disclaimer
Informational only — not tax advice. This page summarises publicly available information about tax in Solomon Islands as of May 2026. Tax laws change, individual circumstances vary, and the application of any rule depends on your specific facts.
TaxProsRated does not provide tax, legal, accounting, or financial advice. Before acting on anything you read here, consult a qualified tax professional licensed in your jurisdiction (in the US: CPA, Enrolled Agent, or attorney; in the UK: CIOT- or ATT-qualified adviser; in Australia: TPB-registered tax agent; elsewhere: a locally-licensed equivalent). TaxProsRated, its operators, and its contributors disclaim all liability for action taken in reliance on this page.