HK · AsiaNO · Europe
Hong Kong vs Norway: tax rates compared
Norway's income tax rate is 22.7pp higher than Hong Kong's (39.7% vs 17%). The 200-country average is 28%: Hong Kong sits below it, Norway sits 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 | HK | NO | Difference |
|---|---|---|---|
| Income Tax | 17% | 39.7% | NO +22.7 pp |
| Corporate Tax | 16.5% | 22% | NO +5.5 pp |
| VAT | 0% | 25% | NO +25 pp |
| Capital Gains Tax | 0% | 37.8% | NO +37.8 pplargest gap |
| Crypto Tax | 0% | 22% | NO +22 pp |
| Wealth Tax | 0% | 1.1% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 17% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31 |
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −22.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 16.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −5.5 pp | Norway higher |
Norway's corporate tax rate is 5.5pp higher than Hong Kong's (22% vs 16.5%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31 |
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Difference | −25 pp | Norway higher |
Norway's VAT rate is 25pp higher than Hong Kong's (25% vs 0%). The 181-country average is 15%: Hong Kong sits below it, Norway sits above it. Hong Kong's figure is dated 2025-12-31 and Norway's 2026-06-25, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Income determination) · as of 2025-12-31 |
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Difference | −37.8 pp | Norway higher |
Norway's capital gains tax rate is 37.8pp higher than Hong Kong's (37.8% vs 0%). The 175-country average is 10.3%: Hong Kong sits below it, Norway sits above it. Hong Kong's figure is dated 2025-12-31 and Norway's 2026-01-20, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | Source: Hong Kong Inland Revenue Department — Departmental Interpretation and Practice Notes No. 39 (Revised): Digital Economy, Electronic Commerce and Digital Assets · as of 2020-03-01 |
| Norway | 22% | Source: Norwegian Tax Administration (Skatteetaten) — Skatte-ABC, V-13-3.4 Realisasjon (virtual assets — realization) · as of 2026-01-01 |
| Difference | −22 pp | Norway higher |
Norway's crypto tax rate is 22pp higher than Hong Kong's (22% vs 0%). The 88-country average is 13%: Hong Kong sits below it, Norway sits above it. Hong Kong's figure is dated 2020-03-01 and Norway's 2026-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Hong Kong | 0% | Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31 |
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Difference | −1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than Hong Kong's (1.1% vs 0%). The 193-country average is 0.1%: Hong Kong sits below it, Norway sits above it. Hong Kong's figure is dated 2025-12-31 and Norway's 2026-01-01, so the two rates come from different data vintages.