IS · EuropeTJ · Asia

Iceland vs Tajikistan: tax rates compared

Iceland's income tax rate is 31.3pp higher than Tajikistan's (46.3% vs 15%). The 200-country average is 28%: Iceland sits above it, Tajikistan sits below 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

0102030405060Income15%46.3%Corporate18%20%VAT14%24%Capital Gains15%22%Wealth Tax0%
five shared taxes, side by side
Tax IS TJDifference
Income Tax46.3%15%IS +31.3 pplargest gap
Corporate Tax20%18%IS +2 pp
VAT24%14%IS +10 pp
Capital Gains Tax22%15%IS +7 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Tajikistan18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppIceland higher

Iceland's corporate tax rate is 2pp higher than Tajikistan's (20% vs 18%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Iceland24%Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22
Tajikistan14%Source: Tax Code of the Republic of Tajikistan (Tax Committee under the Government of the Republic of Tajikistan) · as of 2024-01-01
Difference+10 ppIceland higher

Iceland's VAT rate is 10pp higher than Tajikistan's (24% vs 14%). The 181-country average is 15%: Iceland sits above it, Tajikistan sits below it. Iceland's figure is dated 2026-06-22 and Tajikistan's 2024-01-01, so the two rates come from different data vintages.

Capital Gains Tax

Iceland's capital gains tax rate is 7pp higher than Tajikistan's (22% vs 15%). The 175-country average is 10.3%: both sit above it. Iceland's figure is dated 2026-01-01 and Tajikistan's 2025-05-14, 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
Tajikistan0%Source: FAOLEX (FAO legal database) — Tax Code of the Republic of Tajikistan · as of 2026-07-18
Difference0 ppdisplayed rates match

Iceland's wealth tax rate is identical to Tajikistan's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.