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Iceland vs Suriname: tax rates compared

Iceland's income tax rate is 8.3pp higher than Suriname's (46.3% vs 38%). The 200-country average is 28%: both sit above it. Iceland's figure is dated 2025-01-01 and Suriname's 2024-10-01, so the two rates come from different data vintages.

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

0102030405060Income38%46.3%Corporate20%36%VAT10%24%Capital Gains0%22%Wealth Tax0%3%
five shared taxes, side by side
Tax IS SRDifference
Income Tax46.3%38%IS +8.3 pp
Corporate Tax20%36%SR +16 pp
VAT24%10%IS +14 pp
Capital Gains Tax22%0%IS +22 pplargest gap
Wealth Tax0%3%SR +3 pp

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
Suriname38%Source: Belastingdienst Suriname (tax authority) — Wet Inkomstenbelasting 1922, as last amended by S.B. 2024 no. 3 (Art. 34) · as of 2024-10-01
Difference+8.3 ppIceland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Suriname36%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−16 ppSuriname higher

Suriname's corporate tax rate is 16pp higher than Iceland's (36% vs 20%). The 201-country average is 22.6%: Iceland sits below it, Suriname sits above it.

VAT

VAT, side by side
CountryRateSource
Iceland24%Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22
Suriname10%Source: Belastingdienst Suriname (Suriname Tax Administration) · as of 2023-01-01
Difference+14 ppIceland higher

Iceland's VAT rate is 14pp higher than Suriname's (24% vs 10%). The 181-country average is 15%: Iceland sits above it, Suriname sits below it. Iceland's figure is dated 2026-06-22 and Suriname's 2023-01-01, 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
Suriname0%Source: De Nationale Assemblée (Suriname) — Wet op de Inkomstenbelasting 1922 (G.B. 1921 no. 112, geldende tekst / consolidated text) · as of 2003-01-01
Difference+22 ppIceland higher

Iceland's capital gains tax rate is 22pp higher than Suriname's (22% vs 0%). The 175-country average is 10.3%: Iceland sits above it, Suriname sits below it. Iceland's figure is dated 2026-01-01 and Suriname's 2003-01-01, 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
Suriname3%Source: Belastingdienst Suriname — Wet Vermogensbelasting 1944 (geldende tekst, zoals laatstelijk gewijzigd bij S.B. 2002 no.107) · as of 2024-10-01
Difference−3 ppSuriname higher

Suriname's wealth tax rate is 3pp higher than Iceland's (3% vs 0%). The 193-country average is 0.1%: Iceland sits below it, Suriname sits above it. Iceland's figure is dated 2026-06-22 and Suriname's 2024-10-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.