GG · EuropeNO · Europe

Guernsey vs Norway: tax rates compared

Norway's income tax rate is 19.7pp higher than Guernsey's (39.7% vs 20%). The 200-country average is 28%: Guernsey sits below it, Norway sits 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

0102030405060Income20%39.7%Corporate0%22%VAT0%25%Capital Gains0%37.8%Wealth Tax0%1.1%
five shared taxes, side by side
Tax GG NODifference
Income Tax20%39.7%NO +19.7 pp
Corporate Tax0%22%NO +22 pp
VAT0%25%NO +25 pp
Capital Gains Tax0%37.8%NO +37.8 pplargest gap
Wealth Tax0%1.1%NO +1.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Guernsey20%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Taxes on personal income · as of 2025-12-17
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−19.7 ppNorway higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Guernsey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−22 ppNorway higher

Norway's corporate tax rate is 22pp higher than Guernsey's (22% vs 0%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Difference−25 ppNorway higher

Norway's VAT rate is 25pp higher than Guernsey's (25% vs 0%). The 181-country average is 15%: Guernsey sits below it, Norway sits above it. Guernsey's figure is dated 2025-12-17 and Norway's 2026-06-25, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Guernsey0%Source: PwC Worldwide Tax Summaries — Guernsey, Channel Islands, Individual - Income determination · as of 2025-12-17
Norway37.8%Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20
Difference−37.8 ppNorway higher

Norway's capital gains tax rate is 37.8pp higher than Guernsey's (37.8% vs 0%). The 175-country average is 10.3%: Guernsey sits below it, Norway sits above it. Guernsey's figure is dated 2025-12-17 and Norway's 2026-01-20, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Guernsey0%Source: PWC Worldwide Tax Summaries — Guernsey (Individual, Other taxes) · as of 2025-12-17
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Difference−1.1 ppNorway higher

Norway's wealth tax rate is 1.1pp higher than Guernsey's (1.1% vs 0%). The 193-country average is 0.1%: Guernsey sits below it, Norway sits above it. Guernsey's figure is dated 2025-12-17 and Norway's 2026-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.