CV · Africa ↔ IS · Europe

Cape Verde vs Iceland: tax rates compared

Between the two, Cape Verde's corporate tax rate (21.4%) tops Iceland's (20%) by 1.4pp. The 201-country average is 22.6%: both sit below it.

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

Corporate Tax

0102030405060World avg 22.6%CV 21.4%IS 20%
Corporate Tax, side by side
CountryRateSource
Cape Verde21.4%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1.4 ppCape Verde higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%CV 0%IS 0%
Wealth Tax, side by side
CountryRateSource
Cape Verde0%Source: PWC Worldwide Tax Summaries — Cabo Verde (Individual, Other taxes) · as of 2026-07-18
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Difference0 ppdisplayed rates match

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

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