IQ · AsiaMK · Europe
Iraq vs North Macedonia: tax rates compared
Between the two, Iraq's income tax rate (15%) tops North Macedonia's (10%) by 5pp. The 200-country average is 28%: both sit below it. Iraq's figure is dated 2026-06-24 and North Macedonia's 2023-01-01, 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 | MK | Difference |
|---|---|---|---|
| Income Tax | 15% | 10% | IQ +5 pp |
| Corporate Tax | 15% | 10% | IQ +5 pp |
| VAT | 0% | 18% | MK +18 pplargest gap |
| Capital Gains Tax | 0% | 10% | MK +10 pp |
| 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 |
| North Macedonia | 10% | Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01 |
| Difference | +5 pp | Iraq higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| North Macedonia | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Iraq higher |
Between the two, Iraq's corporate tax rate (15%) tops North Macedonia's (10%) by 5pp. The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24 |
| North Macedonia | 18% | Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23 |
| Difference | −18 pp | North Macedonia higher |
Between the two, North Macedonia's VAT rate (18%) tops Iraq's (0%) by 18pp. The 181-country average is 15%: Iraq sits below it, North Macedonia sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01 |
| North Macedonia | 10% | Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08 |
| Difference | −10 pp | North Macedonia higher |
Between the two, North Macedonia's capital gains tax rate (10%) tops Iraq's (0%) by 10pp. The 175-country average is 10.3%: both sit below it. Iraq's figure is dated 2025-10-01 and North Macedonia's 2026-02-08, 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 |
| North Macedonia | 0% | Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Iraq and North Macedonia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.