IS · EuropeKG · Asia
Iceland vs Kyrgyzstan: tax rates compared
Iceland has an income tax rate of 46.3%, 36.3pp above Kyrgyzstan's 10%. The 200-country average is 28%: Iceland sits above it, Kyrgyzstan 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
| Tax | IS | KG | Difference |
|---|---|---|---|
| Income Tax | 46.3% | 10% | IS +36.3 pplargest gap |
| Corporate Tax | 20% | 10% | IS +10 pp |
| Capital Gains Tax | 22% | 0% | IS +22 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Iceland | 46.3% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Kyrgyzstan | 10% | Source: Kyrgyz Republic State Tax Service — Tax Code of the Kyrgyz Republic, Article 197 · as of 2025-12-31 |
| Difference | +36.3 pp | Iceland higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Iceland | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Kyrgyzstan | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10 pp | Iceland higher |
Iceland has a corporate tax rate of 20%, 10pp above Kyrgyzstan's 10%. The 201-country average is 22.6%: both sit below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Iceland | 22% | Source: Skatturinn (Iceland Revenue and Customs) — Key rates and amounts 2026 · as of 2026-01-01 |
| Kyrgyzstan | 0% | Source: State Tax Service under the Cabinet of Ministers of the Kyrgyz Republic — Tax Code of the Kyrgyz Republic, Article 213(1)(15) · as of 2026-01-27 |
| Difference | +22 pp | Iceland higher |
Iceland has a capital gains tax rate of 22%, 22pp above Kyrgyzstan's 0%. The 175-country average is 10.3%: Iceland sits above it, Kyrgyzstan sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Iceland | 0% | Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22 |
| Kyrgyzstan | 0% | Source: Tax Code of the Kyrgyz Republic (Налоговый кодекс Кыргызской Республики, № 3 of 18 January 2022, in force since 1 January 2022, amended through 31 December 2025) — official State Tax Service (sti.gov.kg) · as of 2026-01-27 |
| Difference | 0 pp | displayed rates match |
Iceland and Kyrgyzstan 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.