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Bhutan vs Norway: tax rates compared
Norway has an income tax rate of 39.7%, 9.7pp above Bhutan's 30%. The 200-country average is 28%: both sit above it. Bhutan's figure is dated 2026-07-20 and Norway's 2025-01-01, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BT | NO | Difference |
|---|---|---|---|
| Income Tax | 30% | 39.7% | NO +9.7 pp |
| Corporate Tax | 25% | 22% | BT +3 pp |
| VAT | 5% | 25% | NO +20 pplargest gap |
| Wealth Tax | 0% | 1.1% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bhutan | 30% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20 |
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −9.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bhutan | 25% | 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 | +3 pp | Bhutan higher |
Bhutan has a corporate tax rate of 25%, 3pp above Norway's 22%. The 201-country average is 22.6%: Bhutan sits above it, Norway sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bhutan | 5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01 |
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Difference | −20 pp | Norway higher |
Norway has a VAT rate of 25%, 20pp above Bhutan's 5%. The 181-country average is 15%: Bhutan sits below it, Norway sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bhutan | 0% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance · 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 has a wealth tax rate of 1.1%, 1.1pp above Bhutan's 0%. The 193-country average is 0.1%: Bhutan sits below it, Norway sits above it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.