IS · EuropeCG · Africa

Iceland vs Republic of the Congo: tax rates compared

Between the two, Iceland's income tax rate (46.3%) tops Republic of the Congo's (40%) by 6.3pp. The 200-country average is 28%: both sit 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

0102030405060Income40%46.3%Corporate20%28%VAT18.9%24%Capital Gains22%40%Wealth Tax0%
five shared taxes, side by side
Tax IS CGDifference
Income Tax46.3%40%IS +6.3 pp
Corporate Tax20%28%CG +8 pp
VAT24%18.9%IS +5.1 pp
Capital Gains Tax22%40%CG +18 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Iceland46.3%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Republic of the Congo40%Source: PWC Worldwide Tax Summaries — Congo, Republic of (Individual, Taxes on personal income) · as of 2025-12-10
Difference+6.3 ppIceland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Republic of the Congo28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−8 ppRepublic of the Congo higher

Between the two, Republic of the Congo's corporate tax rate (28%) tops Iceland's (20%) by 8pp. The 201-country average is 22.6%: Iceland sits below it, Republic of the Congo sits above it.

VAT

VAT, side by side
CountryRateSource
Iceland24%Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22
Republic of the Congo18.9%Source: PWC Worldwide Tax Summaries — Congo, Republic of (Corporate, Other taxes) · as of 2025-12-10
Difference+5.1 ppIceland higher

Between the two, Iceland's VAT rate (24%) tops Republic of the Congo's (18.9%) by 5.1pp. The 181-country average is 15%: both sit above it. Iceland's figure is dated 2026-06-22 and Republic of the Congo's 2025-12-10, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Iceland22%Source: Skatturinn (Iceland Revenue and Customs) — Key rates and amounts 2026 · as of 2026-01-01
Republic of the Congo40%Source: PWC Worldwide Tax Summaries — Congo, Republic of (Individual, Taxes on personal income) · as of 2025-12-10
Difference−18 ppRepublic of the Congo higher

Between the two, Republic of the Congo's capital gains tax rate (40%) tops Iceland's (22%) by 18pp. The 175-country average is 10.3%: both sit above it. Iceland's figure is dated 2026-01-01 and Republic of the Congo's 2025-12-10, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Republic of the Congo0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-12-10
Difference0 ppdisplayed rates match

There's no gap here — Iceland and Republic of the Congo 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 Republic of the Congo's 2025-12-10, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.