AR · AmericasIS · Europe
Argentina vs Iceland: tax rates compared
Iceland's income tax rate is 11.3pp higher than Argentina's (46.3% vs 35%). The 200-country average is 28%: both sit above it. Argentina's figure is dated 2026-06-16 and Iceland's 2025-01-01, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AR | IS | Difference |
|---|---|---|---|
| Income Tax | 35% | 46.3% | IS +11.3 pp |
| Corporate Tax | 35% | 20% | AR +15 pp |
| VAT | 21% | 24% | IS +3 pp |
| Capital Gains Tax | 0% | 22% | IS +22 pplargest gap |
| Crypto Tax | 15% | 22% | IS +7 pp |
| Wealth Tax | 1% | 0% | AR +1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16 |
| Iceland | 46.3% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −11.3 pp | Iceland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Iceland | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Argentina higher |
Argentina's corporate tax rate is 15pp higher than Iceland's (35% vs 20%). The 201-country average is 22.6%: Argentina sits above it, Iceland sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Argentina | 21% | Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16 |
| Iceland | 24% | Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22 |
| Difference | −3 pp | Iceland higher |
Iceland's VAT rate is 3pp higher than Argentina's (24% vs 21%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 0% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16 |
| Iceland | 22% | Source: Skatturinn (Iceland Revenue and Customs) — Key rates and amounts 2026 · as of 2026-01-01 |
| Difference | −22 pp | Iceland higher |
Iceland's capital gains tax rate is 22pp higher than Argentina's (22% vs 0%). The 175-country average is 10.3%: Argentina sits below it, Iceland sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 15% | Source: ARCA (Agencia de Recaudación y Control Aduanero, ex-AFIP) — Economía digital: Criptoactivos, Impuesto a las Ganancias · as of 2026-07-19 |
| Iceland | 22% | Source: Skatturinn (Icelandic Revenue and Customs) — Rafmynt (Cryptocurrency) · as of 2026-07-19 |
| Difference | −7 pp | Iceland higher |
Iceland's crypto tax rate is 7pp higher than Argentina's (22% vs 15%). The 88-country average is 13%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 1% | Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01 |
| Iceland | 0% | Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22 |
| Difference | +1 pp | Argentina higher |
Argentina's wealth tax rate is 1pp higher than Iceland's (1% vs 0%). The 193-country average is 0.1%: Argentina sits above it, Iceland sits below it. Argentina's figure is dated 2025-01-01 and Iceland's 2026-06-22, so the two rates come from different data vintages.