IS · Europe ↔ PE · Americas
Iceland vs Peru: tax rates compared
Between the two, Peru's corporate tax rate (29.5%) tops Iceland's (20%) by 9.5pp. The 201-country average is 22.6%: Iceland sits below it, Peru sits above 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
| Country | Rate | Source |
|---|---|---|
| Iceland | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Peru | 29.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −9.5 pp | Peru higherlargest gap on this page |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Iceland | 0% | Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22 |
| Peru | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Peru · as of 2025-10-01 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Iceland and Peru 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 Peru'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.