IQ · AsiaNZ · Oceania
Iraq vs New Zealand: tax rates compared
New Zealand has an income tax rate of 39%, 24pp above Iraq's 15%. The 200-country average is 28%: Iraq sits below it, New Zealand sits above it. Iraq's figure is dated 2026-06-24 and New Zealand's 2025-01-01, 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
| Tax | IQ | NZ | Difference |
|---|---|---|---|
| Income Tax | 15% | 39% | NZ +24 pplargest gap |
| Corporate Tax | 15% | 28% | NZ +13 pp |
| VAT | 0% | 15% | NZ +15 pp |
| Capital Gains Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24 |
| New Zealand | 39% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −24 pp | New Zealand higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| New Zealand | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −13 pp | New Zealand higher |
New Zealand has a corporate tax rate of 28%, 13pp above Iraq's 15%. The 201-country average is 22.6%: Iraq sits below it, New Zealand sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24 |
| New Zealand | 15% | Source: PWC Worldwide Tax Summaries — New Zealand (Corporate, Other taxes) · as of 2026-07-06 |
| Difference | −15 pp | New Zealand higher |
New Zealand has a VAT rate of 15%, 15pp above Iraq's 0%. The 181-country average is 15%: Iraq sits below it, New Zealand matches the world average.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01 |
| New Zealand | 0% | Source: PWC Worldwide Tax Summaries — New Zealand (Individual, Income determination) · as of 2026-07-06 |
| Difference | 0 pp | displayed rates match |
Iraq and New Zealand share the same capital gains tax rate: 0%. The 175-country average is 10.3%: both sit below it. Iraq's figure is dated 2025-10-01 and New Zealand's 2026-07-06, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24 |
| New Zealand | 0% | Source: PWC Worldwide Tax Summaries — New Zealand (Net wealth/worth tax rates) · as of 2026-07-06 |
| Difference | 0 pp | displayed rates match |
Iraq and New Zealand share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.