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Canada vs Serbia: tax rates compared

Canada's income tax rate is 43.5pp higher than Serbia's (53.5% vs 10%). The 200-country average is 28%: Canada sits above it, Serbia sits below it. Canada's figure is dated 2025-01-01 and Serbia's 2026-02-25, 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

0102030405060Income10%53.5%Corporate15%26%VAT5%20%Capital Gains15%27.4%Crypto15%27.4%Wealth Tax0%
six shared taxes, side by side
Tax CA RSDifference
Income Tax53.5%10%CA +43.5 pplargest gap
Corporate Tax26%15%CA +11 pp
VAT5%20%RS +15 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
Serbia10%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference+43.5 ppCanada higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Serbia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+11 ppCanada higher

Canada's corporate tax rate is 11pp higher than Serbia's (26% vs 15%). The 201-country average is 22.6%: Canada sits above it, Serbia sits below it.

VAT

VAT, side by side
CountryRateSource
Canada5%Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12
Serbia20%Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25
Difference−15 ppSerbia higher

Serbia's VAT rate is 15pp higher than Canada's (20% vs 5%). The 181-country average is 15%: Canada sits below it, Serbia 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
Serbia15%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference+12.4 ppCanada higher

Canada's capital gains tax rate is 12.4pp higher than Serbia's (27.4% vs 15%). The 175-country average is 10.3%: both sit above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Canada27.4%Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13
Serbia15%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference+12.4 ppCanada higher

Canada's crypto tax rate is 12.4pp higher than Serbia's (27.4% vs 15%). The 88-country average is 13%: both sit above it. Canada's figure is dated 2023-12-13 and Serbia's 2026-02-25, 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
Serbia0%Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25
Difference0 ppdisplayed rates match

Canada's wealth tax rate is identical to Serbia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.