BZ · AmericasNO · Europe
Belize vs Norway: tax rates compared
Norway's income tax rate is 14.7pp higher than Belize's (39.7% vs 25%). The 200-country average is 28%: Belize sits below it, Norway sits above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BZ | NO | Difference |
|---|---|---|---|
| Income Tax | 25% | 39.7% | NO +14.7 pp |
| Corporate Tax | 0% | 22% | NO +22 pp |
| VAT | 12.5% | 25% | NO +12.5 pp |
| Capital Gains Tax | 0% | 37.8% | NO +37.8 pplargest gap |
| Wealth Tax | 0% | 1.1% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 25% | Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01 |
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −14.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −22 pp | Norway higher |
Norway's corporate tax rate is 22pp higher than Belize's (22% vs 0%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Belize | 12.5% | Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31 |
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Difference | −12.5 pp | Norway higher |
Norway's VAT rate is 12.5pp higher than Belize's (25% vs 12.5%). The 181-country average is 15%: Belize sits below it, Norway sits above it. Belize's figure is dated 2011-12-31 and Norway's 2026-06-25, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31 |
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Difference | −37.8 pp | Norway higher |
Norway's capital gains tax rate is 37.8pp higher than Belize's (37.8% vs 0%). The 175-country average is 10.3%: Belize sits below it, Norway sits above it. Belize's figure is dated 2020-12-31 and Norway's 2026-01-20, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Belize | 0% | Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18 |
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Difference | −1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than Belize's (1.1% vs 0%). The 193-country average is 0.1%: Belize sits below it, Norway sits above it.
Not covered for both countries yet: Crypto Tax.