CA · AmericasSE · Europe
Canada vs Sweden: tax rates compared
Canada has an income tax rate of 53.5%, 1.1pp above Sweden's 52.4%. 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 | SE | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 52.4% | CA +1.1 pp |
| Corporate Tax | 26% | 20.6% | CA +5.4 pp |
| VAT | 5% | 25% | SE +20 pplargest gap |
| Capital Gains Tax | 27.4% | 30% | SE +2.6 pp |
| Crypto Tax | 27.4% | 30% | SE +2.6 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 |
| Sweden | 52.4% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +1.1 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Sweden | 20.6% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5.4 pp | Canada higher |
Canada has a corporate tax rate of 26%, 5.4pp above Sweden's 20.6%. The 201-country average is 22.6%: Canada sits above it, Sweden sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| Sweden | 25% | Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17 |
| Difference | −20 pp | Sweden higher |
Sweden has a VAT rate of 25%, 20pp above Canada's 5%. The 181-country average is 15%: Canada sits below it, Sweden sits above it. Canada's figure is dated 2026-06-12 and Sweden's 2025-12-17, so the two rates come from different data vintages.
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 |
| Sweden | 30% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Income determination) · as of 2026-02-09 |
| Difference | −2.6 pp | Sweden higher |
Sweden has a capital gains tax rate of 30%, 2.6pp above Canada's 27.4%. 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 |
| Sweden | 30% | Source: Skatteverket — Kryptovalutor · as of 2026-06-24 |
| Difference | −2.6 pp | Sweden higher |
Sweden has a crypto tax rate of 30%, 2.6pp above Canada's 27.4%. The 88-country average is 13%: both sit above it. Canada's figure is dated 2023-12-13 and Sweden's 2026-06-24, 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 |
| Sweden | 0% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
Canada and Sweden share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.