BI · AfricaIS · Europe

Burundi vs Iceland: tax rates compared

Iceland has an income tax rate of 46.3%, 16.3pp above Burundi's 30%. The 200-country average is 28%: both sit above it. Burundi's figure is dated 2013-01-24 and Iceland'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

0102030405060Income30%46.3%Corporate20%30%VAT18%24%Wealth Tax0%
four shared taxes, side by side
Tax BI ISDifference
Income Tax30%46.3%IS +16.3 pplargest gap
Corporate Tax30%20%BI +10 pp
VAT18%24%IS +6 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Burundi30%Source: Office Burundais des Recettes (OBR) — Atelier sur le calcul de l'IPR, Loi n°1/02 du 24 janvier 2013 · as of 2013-01-24
Iceland46.3%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−16.3 ppIceland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Burundi30%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+10 ppBurundi higher

Burundi has a corporate tax rate of 30%, 10pp above Iceland's 20%. The 201-country average is 22.6%: Burundi sits above it, Iceland sits below it.

VAT

VAT, side by side
CountryRateSource
Burundi18%Source: Office Burundais des Recettes (OBR) — FAQ: base taxable de la TVA et le taux · as of 2016-08-09
Iceland24%Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22
Difference−6 ppIceland higher

Iceland has a VAT rate of 24%, 6pp above Burundi's 18%. The 181-country average is 15%: both sit above it. Burundi's figure is dated 2016-08-09 and Iceland's 2026-06-22, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Burundi0%Source: Office Burundais des Recettes (OBR) — Lois et règlements · as of 2026-07-18
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Difference0 ppdisplayed rates match

Burundi 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: Capital Gains Tax, Crypto Tax.