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Croatia vs Iceland: tax rates compared
Iceland's income tax rate is 13.3pp higher than Croatia's (46.3% vs 33%). 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 | HR | IS | Difference |
|---|---|---|---|
| Income Tax | 33% | 46.3% | IS +13.3 pp |
| Corporate Tax | 18% | 20% | IS +2 pp |
| VAT | 25% | 24% | HR +1 pp |
| Capital Gains Tax | 0% | 22% | IS +22 pplargest gap |
| Crypto Tax | 12% | 22% | IS +10 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 33% | Source: PWC Worldwide Tax Summaries — Croatia (Individual, Taxes on personal income) · as of 2025-12-30 |
| Iceland | 46.3% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −13.3 pp | Iceland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 18% | 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 | −2 pp | Iceland higher |
Iceland's corporate tax rate is 2pp higher than Croatia's (20% vs 18%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Croatia | 25% | Source: PWC Worldwide Tax Summaries — Croatia (Corporate, Other taxes) · as of 2025-12-30 |
| Iceland | 24% | Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22 |
| Difference | +1 pp | Croatia higher |
Croatia's VAT rate is 1pp higher than Iceland's (25% vs 24%). The 181-country average is 15%: both sit above it. Croatia's figure is dated 2025-12-30 and Iceland's 2026-06-22, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 0% | Source: PWC Worldwide Tax Summaries — Croatia (Individual, Income determination) · as of 2025-12-30 |
| Iceland | 22% | Source: Skatturinn (Iceland Revenue and Customs) — Key rates and amounts 2026 · as of 2026-01-01 |
| Difference | −22 pp | Iceland higher |
Iceland's capital gains tax rate is 22pp higher than Croatia's (22% vs 0%). The 175-country average is 10.3%: Croatia sits below it, Iceland sits above it. Croatia's figure is dated 2025-12-30 and Iceland's 2026-01-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 12% | Source: Croatian Tax Administration (Porezna uprava) — Opinion: Tax treatment of capital gains from trading cryptocurrencies (Class: 410-01/17-08/29) · as of 2018-03-19 |
| Iceland | 22% | Source: Skatturinn (Icelandic Revenue and Customs) — Rafmynt (Cryptocurrency) · as of 2026-07-19 |
| Difference | −10 pp | Iceland higher |
Iceland's crypto tax rate is 10pp higher than Croatia's (22% vs 12%). The 88-country average is 13%: Croatia sits below it, Iceland sits above it. Croatia's figure is dated 2018-03-19 and Iceland's 2026-07-19, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Croatia | 0% | Source: PWC Worldwide Tax Summaries — Croatia (Individual, Other taxes) · as of 2025-12-30 |
| Iceland | 0% | Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22 |
| Difference | 0 pp | displayed rates match |
Croatia's wealth tax rate is identical to Iceland's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Croatia's figure is dated 2025-12-30 and Iceland's 2026-06-22, so the two rates come from different data vintages.