GR · EuropeLU · Europe

Greece vs Luxembourg: tax rates compared

Luxembourg has an income tax rate of 45.8%, 1.8pp above Greece's 44%. The 200-country average is 28%: both sit above it.

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

0102030405060Income44%45.8%Corporate22%23.9%VAT17%24%Capital Gains0%Wealth Tax0%
five shared taxes, side by side
Tax GR LUDifference
Income Tax44%45.8%LU +1.8 pp
Corporate Tax22%23.9%LU +1.9 pp
VAT24%17%GR +7 pplargest gap
Capital Gains Tax0%0%match
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Greece44%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−1.8 ppLuxembourg higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Greece22%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−1.9 ppLuxembourg higher

Luxembourg has a corporate tax rate of 23.9%, 1.9pp above Greece's 22%. The 201-country average is 22.6%: Greece sits below it, Luxembourg sits above it.

VAT

VAT, side by side
CountryRateSource
Greece24%Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Difference+7 ppGreece higher

Greece has a VAT rate of 24%, 7pp above Luxembourg's 17%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Greece0%Source: PWC Worldwide Tax Summaries — Greece (Individual, Income determination) · as of 2026-02-16
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
Difference0 ppdisplayed rates match

Greece and Luxembourg share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Greece0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

Greece and Luxembourg 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.