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Canada vs Russia: tax rates compared

Between the two, Canada's income tax rate (53.5%) tops Russia's (22%) by 31.5pp. The 200-country average is 28%: Canada sits above it, Russia sits below it. Canada's figure is dated 2025-01-01 and Russia's 2026-07-04, so the two rates come from different data vintages.

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

0102030405060Income22%53.5%Corporate25%26%VAT5%22%Capital Gains15%27.4%Crypto15%27.4%Wealth Tax0%
six shared taxes, side by side
Tax CA RUDifference
Income Tax53.5%22%CA +31.5 pplargest gap
Corporate Tax26%25%CA +1 pp
VAT5%22%RU +17 pp
Capital Gains Tax27.4%15%CA +12.4 pp
Crypto Tax27.4%15%CA +12.4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Russia22%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference+31.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Russia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppCanada higher

Between the two, Canada's corporate tax rate (26%) tops Russia's (25%) by 1pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Russia22%Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01
Difference−17 ppRussia higher

Between the two, Russia's VAT rate (22%) tops Canada's (5%) by 17pp. The 181-country average is 15%: Canada sits below it, Russia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Canada27.4%Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12
Russia15%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference+12.4 ppCanada higher

Between the two, Canada's capital gains tax rate (27.4%) tops Russia's (15%) by 12.4pp. The 175-country average is 10.3%: both sit above it.

Crypto Tax

Between the two, Canada's crypto tax rate (27.4%) tops Russia's (15%) by 12.4pp. The 88-country average is 13%: both sit above it. Canada's figure is dated 2023-12-13 and Russia's 2026-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
Russia0%Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Canada and Russia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.