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Brunei vs Iceland: tax rates compared

Iceland's corporate tax rate is 1.5pp higher than Brunei's (20% vs 18.5%). The 201-country average is 22.6%: both sit below it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%BN 18.5%IS 20%
Corporate Tax, side by side
CountryRateSource
Brunei18.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−1.5 ppIceland higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%BN 0%IS 0%
Wealth Tax, side by side
CountryRateSource
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Net wealth/worth tax rates) · as of 2026-01-22
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Difference0 ppdisplayed rates match

Brunei's wealth tax rate is identical to Iceland's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.