TaxGlass

CA · Americas ↔ NO · Europe

Canada vs Norway: tax rates compared

Canada's income tax rate is 13.8pp higher than Norway's (53.5% vs 39.7%). The 37-country average is 43.2%: Canada sits above it, Norway sits below it.

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

Income Tax

0102030405060World avg 43.2%CA 53.5%NO 39.7%
Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+13.8 ppCanada higher

Corporate Tax

0102030405060World avg 22.6%CA 26%NO 22%
Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+4 ppCanada higher

Canada's corporate tax rate is 4pp higher than Norway's (26% vs 22%). The 201-country average is 22.6%: Canada sits above it, Norway sits below it.

VAT

0102030405060World avg 19.5%CA 5%NO 25%
VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Difference−20 ppNorway higherlargest gap on this page

Norway's VAT rate is 20pp higher than Canada's (25% vs 5%). The 37-country average is 19.5%: Canada sits below it, Norway sits above it.

Wealth Tax

0102030405060World avg 0.1%CA 0%NO 1.1%
Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Difference−1.1 ppNorway higher

Norway's wealth tax rate is 1.1pp higher than Canada's (1.1% vs 0%). The 193-country average is 0.1%: Canada sits below it, Norway sits above it.

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