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Canada vs Finland: tax rates compared
Between the two, Canada's income tax rate (53.5%) tops Finland's (51.8%) by 1.7pp. The 200-country average is 28%: both sit above it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CA | FI | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 51.8% | CA +1.7 pp |
| Corporate Tax | 26% | 20% | CA +6 pp |
| VAT | 5% | 25.5% | FI +20.5 pplargest gap |
| Capital Gains Tax | 27.4% | 34% | FI +6.6 pp |
| Crypto Tax | 27.4% | 34% | FI +6.6 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Finland | 51.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +1.7 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Finland | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +6 pp | Canada higher |
Between the two, Canada's corporate tax rate (26%) tops Finland's (20%) by 6pp. The 201-country average is 22.6%: Canada sits above it, Finland sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Finland | 25.5% | Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01 |
| Difference | −20.5 pp | Finland higher |
Between the two, Finland's VAT rate (25.5%) tops Canada's (5%) by 20.5pp. The 181-country average is 15%: Canada sits below it, Finland sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| Finland | 34% | Source: PwC Worldwide Tax Summaries — Finland, Individual - Income determination · as of 2026-06-24 |
| Difference | −6.6 pp | Finland higher |
Between the two, Finland's capital gains tax rate (34%) tops Canada's (27.4%) by 6.6pp. The 175-country average is 10.3%: both sit above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| Finland | 34% | Source: Vero (Finnish Tax Administration) — Virtual currencies · as of 2026-01-29 |
| Difference | −6.6 pp | Finland higher |
Between the two, Finland's crypto tax rate (34%) tops Canada's (27.4%) by 6.6pp. The 88-country average is 13%: both sit above it. Canada's figure is dated 2023-12-13 and Finland's 2026-01-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| Finland | 0% | Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Canada and Finland both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.