CY · EuropeIE · Europe
Cyprus vs Ireland: tax rates compared
Ireland's income tax rate is 13pp higher than Cyprus's (48% vs 35%). The 200-country average is 28%: both sit above it. Cyprus's figure is dated 2026-05-18 and Ireland's 2025-01-01, 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
| Tax | CY | IE | Difference |
|---|---|---|---|
| Income Tax | 35% | 48% | IE +13 pp |
| Corporate Tax | 12.5% | 12.5% | match |
| VAT | 19% | 23% | IE +4 pp |
| Capital Gains Tax | 0% | 33% | IE +33 pplargest gap |
| Crypto Tax | 8% | 33% | IE +25 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 35% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Taxes on personal income) · as of 2026-05-18 |
| Ireland | 48% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −13 pp | Ireland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Ireland | 12.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | 0 pp | displayed rates match |
Cyprus's corporate tax rate is identical to Ireland's — both sit at 12.5%. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Cyprus | 19% | Source: PWC Worldwide Tax Summaries — Cyprus (Corporate, Other taxes) · as of 2026-05-18 |
| Ireland | 23% | Source: PWC Worldwide Tax Summaries — Ireland (Corporate, Other taxes) · as of 2026-03-06 |
| Difference | −4 pp | Ireland higher |
Ireland's VAT rate is 4pp higher than Cyprus's (23% vs 19%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Ireland | 33% | Source: PWC Worldwide Tax Summaries — Ireland (Individual, Income determination) · as of 2026-03-06 |
| Difference | −33 pp | Ireland higher |
Ireland's capital gains tax rate is 33pp higher than Cyprus's (33% vs 0%). The 175-country average is 10.3%: Cyprus sits below it, Ireland sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 8% | Source: PWC Worldwide Tax Summaries — Cyprus (Individual, Income determination) · as of 2026-05-18 |
| Ireland | 33% | Source: Irish Revenue — Tax and Duty Manual Part 02-01-03: Taxation of Crypto-Asset Transactions · as of 2026-01-01 |
| Difference | −25 pp | Ireland higher |
Ireland's crypto tax rate is 25pp higher than Cyprus's (33% vs 8%). The 88-country average is 13%: Cyprus sits below it, Ireland sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Cyprus | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-05-18 |
| Ireland | 0% | Source: PWC Worldwide Tax Summaries — Ireland (Individual, Other taxes) · as of 2026-03-06 |
| Difference | 0 pp | displayed rates match |
Cyprus's wealth tax rate is identical to Ireland's — both sit at 0%. The 193-country average is 0.1%: both sit below it.