FI · Europe ↔ LU · 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 37-country average is 43.2%: both sit above it.

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

Income Tax

0102030405060World avg 43.2%FI 51.8%LU 45.8%
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

0102030405060World avg 22.6%FI 20%LU 23.9%
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

0102030405060World avg 19.5%FI 25.5%LU 17%
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 higherlargest gap on this page

Between the two, Finland's VAT rate (25.5%) tops Luxembourg's (17%) by 8.5pp. The 37-country average is 19.5%: Finland sits above it, Luxembourg sits below it.

Wealth Tax

0102030405060World avg 0.1%FI 0%LU 0%
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.

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