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Georgia vs North Macedonia: tax rates compared

Georgia has an income tax rate of 20%, 10pp above North Macedonia's 10%. The 200-country average is 28%: both sit below it. Georgia's figure is dated 2026-04-01 and North Macedonia's 2023-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income10%20%Corporate10%15%VAT18%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax GE MKDifference
Income Tax20%10%GE +10 pplargest gap
Corporate Tax15%10%GE +5 pp
VAT18%18%match
Capital Gains Tax0%10%MK +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Georgia20%Source: Tax Code of Georgia (Legislative Herald of Georgia / matsne.gov.ge), Article 81 · as of 2026-04-01
North Macedonia10%Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01
Difference+10 ppGeorgia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Georgia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
North Macedonia10%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppGeorgia higher

Georgia has a corporate tax rate of 15%, 5pp above North Macedonia's 10%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Georgia18%Source: PWC Worldwide Tax Summaries — Georgia (Corporate, Other taxes) · as of 2026-01-21
North Macedonia18%Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23
Difference0 ppdisplayed rates match

Georgia and North Macedonia share the same VAT rate: 18%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Georgia0%Source: Tax Code of Georgia (Legislative Herald of Georgia / matsne.gov.ge), Articles 81-82 · as of 2026-04-01
North Macedonia10%Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08
Difference−10 ppNorth Macedonia higher

North Macedonia has a capital gains tax rate of 10%, 10pp above Georgia's 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Georgia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-01-21
North Macedonia0%Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18
Difference0 ppdisplayed rates match

Georgia and North Macedonia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.