IS · Europe ↔ MV · Asia

Iceland vs Maldives: tax rates compared

Between the two, Iceland's corporate tax rate (20%) tops Maldives's (15%) by 5pp. The 201-country average is 22.6%: both sit below it.

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

Corporate Tax

0102030405060World avg 22.6%IS 20%MV 15%
Corporate Tax, side by side
CountryRateSource
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppIceland higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%IS 0%MV 0%
Wealth Tax, side by side
CountryRateSource
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Maldives0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01
Difference0 ppdisplayed rates match

There's no gap here — Iceland and Maldives both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Iceland's figure is dated 2026-06-22 and Maldives's 2025-10-01, so the two rates come from different data vintages.

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