AM · AsiaFI · Europe
Armenia vs Finland: tax rates compared
Finland's income tax rate is 31.8pp higher than Armenia's (51.8% vs 20%). The 200-country average is 28%: Armenia sits below it, Finland sits above it. Armenia's figure is dated 2023-01-01 and Finland'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 | AM | FI | Difference |
|---|---|---|---|
| Income Tax | 20% | 51.8% | FI +31.8 pp |
| Corporate Tax | 18% | 20% | FI +2 pp |
| VAT | 20% | 25.5% | FI +5.5 pp |
| Capital Gains Tax | 0% | 34% | FI +34 pplargest gap |
| Crypto Tax | 0% | 34% | FI +34 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01 |
| Finland | 51.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −31.8 pp | Finland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Finland | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2 pp | Finland higher |
Finland's corporate tax rate is 2pp higher than Armenia's (20% vs 18%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Armenia | 20% | Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30 |
| Finland | 25.5% | Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01 |
| Difference | −5.5 pp | Finland higher |
Finland's VAT rate is 5.5pp higher than Armenia's (25.5% vs 20%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01 |
| Finland | 34% | Source: PwC Worldwide Tax Summaries — Finland, Individual - Income determination · as of 2026-06-24 |
| Difference | −34 pp | Finland higher |
Finland's capital gains tax rate is 34pp higher than Armenia's (34% vs 0%). The 175-country average is 10.3%: Armenia sits below it, Finland sits above it. Armenia's figure is dated 2025-10-01 and Finland's 2026-06-24, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01 |
| Finland | 34% | Source: Vero (Finnish Tax Administration) — Virtual currencies · as of 2026-01-29 |
| Difference | −34 pp | Finland higher |
Finland's crypto tax rate is 34pp higher than Armenia's (34% vs 0%). The 88-country average is 13%: Armenia sits below it, Finland sits above it. Armenia's figure is dated 2024-07-01 and Finland's 2026-01-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Armenia | 0% | Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Finland | 0% | Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24 |
| Difference | 0 pp | displayed rates match |
Armenia's wealth tax rate is identical to Finland's — both sit at 0%. The 193-country average is 0.1%: both sit below it.