CF · AfricaIS · Europe
Central African Republic vs Iceland: tax rates compared
Iceland has an income tax rate of 46.3%, 6.3pp above Central African Republic's 40%. The 200-country average is 28%: both sit above it. Central African Republic's figure is dated 2023-01-01 and Iceland's 2025-01-01, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | CF | IS | Difference |
|---|---|---|---|
| Income Tax | 40% | 46.3% | IS +6.3 pp |
| Corporate Tax | 30% | 20% | CF +10 pp |
| VAT | 19% | 24% | IS +5 pp |
| Capital Gains Tax | 40% | 22% | CF +18 pplargest gap |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Central African Republic | 40% | Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Article 86) · as of 2023-01-01 |
| Iceland | 46.3% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −6.3 pp | Iceland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Central African Republic | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Iceland | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Central African Republic higher |
Central African Republic has a corporate tax rate of 30%, 10pp above Iceland's 20%. The 201-country average is 22.6%: Central African Republic sits above it, Iceland sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Central African Republic | 19% | Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Article 257) · as of 2019-01-01 |
| Iceland | 24% | Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22 |
| Difference | −5 pp | Iceland higher |
Iceland has a VAT rate of 24%, 5pp above Central African Republic's 19%. The 181-country average is 15%: both sit above it. Central African Republic's figure is dated 2019-01-01 and Iceland's 2026-06-22, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Central African Republic | 40% | Source: Central African Republic Ministry of Finance and Budget — Code Général des Impôts (Articles 55, 86) · as of 2023-01-01 |
| Iceland | 22% | Source: Skatturinn (Iceland Revenue and Customs) — Key rates and amounts 2026 · as of 2026-01-01 |
| Difference | +18 pp | Central African Republic higher |
Central African Republic has a capital gains tax rate of 40%, 18pp above Iceland's 22%. The 175-country average is 10.3%: both sit above it. Central African Republic's figure is dated 2023-01-01 and Iceland's 2026-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax, Wealth Tax.