FR · EuropeIS · Europe
France vs Iceland: tax rates compared
France's income tax rate is 9.1pp higher than Iceland's (55.4% vs 46.3%). 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 | FR | IS | Difference |
|---|---|---|---|
| Income Tax | 55.4% | 46.3% | FR +9.1 pp |
| Corporate Tax | 36.1% | 20% | FR +16.1 pplargest gap |
| VAT | 20% | 24% | IS +4 pp |
| Capital Gains Tax | 31.4% | 22% | FR +9.4 pp |
| Crypto Tax | 30% | 22% | FR +8 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| France | 55.4% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Iceland | 46.3% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +9.1 pp | France higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| France | 36.1% | 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 | +16.1 pp | France higher |
France's corporate tax rate is 16.1pp higher than Iceland's (36.1% vs 20%). The 201-country average is 22.6%: France sits above it, Iceland sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| France | 20% | Source: PWC Worldwide Tax Summaries — France (Corporate, Other taxes) · as of 2026-04-24 |
| Iceland | 24% | Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22 |
| Difference | −4 pp | Iceland higher |
Iceland's VAT rate is 4pp higher than France's (24% vs 20%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| France | 31.4% | Source: PwC Worldwide Tax Summaries — France, Individual - Other taxes · as of 2025-01-01 |
| Iceland | 22% | Source: Skatturinn (Iceland Revenue and Customs) — Key rates and amounts 2026 · as of 2026-01-01 |
| Difference | +9.4 pp | France higher |
France's capital gains tax rate is 9.4pp higher than Iceland's (31.4% vs 22%). The 175-country average is 10.3%: both sit above it. France's figure is dated 2025-01-01 and Iceland's 2026-01-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| France | 30% | Source: BOFiP-Impôts — RPPM, Cession d'actifs numériques à titre occasionnel, Modalités d'imposition (BOI-RPPM-PVBMC-30-30) · as of 2024-04-23 |
| Iceland | 22% | Source: Skatturinn (Icelandic Revenue and Customs) — Rafmynt (Cryptocurrency) · as of 2026-07-19 |
| Difference | +8 pp | France higher |
France's crypto tax rate is 8pp higher than Iceland's (30% vs 22%). The 88-country average is 13%: both sit above it. France's figure is dated 2024-04-23 and Iceland's 2026-07-19, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| France | 0% | Source: Service-Public.fr — Impôt sur la fortune immobilière (IFI) · as of 2025-01-01 |
| Iceland | 0% | Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22 |
| Difference | 0 pp | displayed rates match |
France's wealth tax rate is identical to Iceland's — both sit at 0%. The 193-country average is 0.1%: both sit below it. France's figure is dated 2025-01-01 and Iceland's 2026-06-22, so the two rates come from different data vintages.