GI · EuropeIQ · Asia

Gibraltar vs Iraq: tax rates compared

Gibraltar has an income tax rate of 39%, 24pp above Iraq's 15%. The 200-country average is 28%: Gibraltar sits above it, Iraq sits below it.

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

At a glance

0102030405060Income15%39%Corporate15%Capital Gains0%Wealth Tax0%
four shared taxes, side by side
Tax GI IQDifference
Income Tax39%15%GI +24 pplargest gap
Corporate Tax15%15%match
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Gibraltar39%Source: PwC Worldwide Tax Summaries — Gibraltar, Individual - Taxes on personal income · as of 2026-03-10
Iraq15%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24
Difference+24 ppGibraltar higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Gibraltar15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Iraq15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Gibraltar and Iraq share the same corporate tax rate: 15%. The 201-country average is 22.6%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Gibraltar0%Source: PwC Worldwide Tax Summaries — Gibraltar, Individual - Income determination · as of 2026-03-10
Iraq0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01
Difference0 ppdisplayed rates match

Gibraltar and Iraq share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Gibraltar's figure is dated 2026-03-10 and Iraq's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Gibraltar0%Source: PWC Worldwide Tax Summaries — Gibraltar (Individual, Other taxes) · as of 2026-03-10
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: VAT, Crypto Tax.