AM · AsiaLU · Europe

Armenia vs Luxembourg: tax rates compared

Luxembourg has an income tax rate of 45.8%, 25.8pp above Armenia's 20%. The 200-country average is 28%: Armenia sits below it, Luxembourg sits above it. Armenia's figure is dated 2023-01-01 and Luxembourg'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

0102030405060Income20%45.8%Corporate18%23.9%VAT17%20%Capital Gains0%Crypto0%Wealth Tax0%
six shared taxes, side by side
Tax AM LUDifference
Income Tax20%45.8%LU +25.8 pplargest gap
Corporate Tax18%23.9%LU +5.9 pp
VAT20%17%AM +3 pp
Capital Gains Tax0%0%match
Crypto Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−25.8 ppLuxembourg higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5.9 ppLuxembourg higher

Luxembourg has a corporate tax rate of 23.9%, 5.9pp above Armenia's 18%. The 201-country average is 22.6%: Armenia sits below it, Luxembourg sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Difference+3 ppArmenia higher

Armenia has a VAT rate of 20%, 3pp above Luxembourg's 17%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
Difference0 ppdisplayed rates match

Armenia and Luxembourg share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Armenia's figure is dated 2025-10-01 and Luxembourg's 2026-01-13, so the two rates come from different data vintages.

Crypto Tax

Armenia and Luxembourg share the same crypto tax rate: 0%. The 88-country average is 13%: both sit below it. Armenia's figure is dated 2024-07-01 and Luxembourg's 2018-07-26, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

Armenia and Luxembourg share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.