TaxGlass

BF · Africa ↔ IS · Europe

Burkina Faso vs Iceland: tax rates compared

Burkina Faso has a corporate tax rate of 27.5%, 7.5pp above Iceland's 20%. The 201-country average is 22.6%: Burkina Faso sits above it, Iceland sits 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%BF 27.5%IS 20%
Corporate Tax, side by side
CountryRateSource
Burkina Faso27.5%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+7.5 ppBurkina Faso higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%BF 0%IS 0%
Wealth Tax, side by side
CountryRateSource
Burkina Faso0%Source: ATAF — "Burkina Faso evaluates wealth tax options through ATAF Engagement" · as of 2026-03-15
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Difference0 ppdisplayed rates match

Burkina Faso and Iceland share the same wealth tax rate: 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.