FI · EuropeLU · Europe

Finland vs Luxembourg: tax rates compared

Between the two, Finland's income tax rate (51.8%) tops Luxembourg's (45.8%) by 6pp. 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

0102030405060Income45.8%51.8%Corporate20%23.9%VAT17%25.5%Capital Gains0%34%Crypto0%34%Wealth Tax0%
six shared taxes, side by side
Tax FI LUDifference
Income Tax51.8%45.8%FI +6 pp
Corporate Tax20%23.9%LU +3.9 pp
VAT25.5%17%FI +8.5 pp
Capital Gains Tax34%0%FI +34 pplargest gap
Crypto Tax34%0%FI +34 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Finland51.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+6 ppFinland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Finland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3.9 ppLuxembourg higher

Between the two, Luxembourg's corporate tax rate (23.9%) tops Finland's (20%) by 3.9pp. The 201-country average is 22.6%: Finland sits below it, Luxembourg sits above it.

VAT

VAT, side by side
CountryRateSource
Finland25.5%Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Difference+8.5 ppFinland higher

Between the two, Finland's VAT rate (25.5%) tops Luxembourg's (17%) by 8.5pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Finland34%Source: PwC Worldwide Tax Summaries — Finland, Individual - Income determination · as of 2026-06-24
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
Difference+34 ppFinland higher

Between the two, Finland's capital gains tax rate (34%) tops Luxembourg's (0%) by 34pp. The 175-country average is 10.3%: Finland sits above it, Luxembourg sits below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Finland34%Source: Vero (Finnish Tax Administration) — Virtual currencies · as of 2026-01-29
Luxembourg0%Source: Luxembourg Direct Tax Administration (Administration des contributions directes) — Circular L.I.R. n° 14/5 – 99/3 – 99bis/3 (26 July 2018), "Monnaies virtuelles" · as of 2018-07-26
Difference+34 ppFinland higher

Between the two, Finland's crypto tax rate (34%) tops Luxembourg's (0%) by 34pp. The 88-country average is 13%: Finland sits above it, Luxembourg sits below it. Finland's figure is dated 2026-01-29 and Luxembourg's 2018-07-26, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Finland0%Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

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