IQ · AsiaNO · Europe
Iraq vs Norway: tax rates compared
Norway's income tax rate is 24.7pp higher than Iraq's (39.7% vs 15%). The 200-country average is 28%: Iraq sits below it, Norway sits above it. Iraq's figure is dated 2026-06-24 and Norway'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 | NO | Difference |
|---|---|---|---|
| Income Tax | 15% | 39.7% | NO +24.7 pp |
| Corporate Tax | 15% | 22% | NO +7 pp |
| VAT | 0% | 25% | NO +25 pp |
| Capital Gains Tax | 0% | 37.8% | NO +37.8 pplargest gap |
| Wealth Tax | 0% | 1.1% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24 |
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −24.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Iraq | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −7 pp | Norway higher |
Norway's corporate tax rate is 7pp higher than Iraq's (22% vs 15%). 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 |
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Difference | −25 pp | Norway higher |
Norway's VAT rate is 25pp higher than Iraq's (25% vs 0%). The 181-country average is 15%: Iraq sits below it, Norway 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 |
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Difference | −37.8 pp | Norway higher |
Norway's capital gains tax rate is 37.8pp higher than Iraq's (37.8% vs 0%). The 175-country average is 10.3%: Iraq sits below it, Norway sits above it. Iraq's figure is dated 2025-10-01 and Norway's 2026-01-20, 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 |
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Difference | −1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than Iraq's (1.1% vs 0%). The 193-country average is 0.1%: Iraq sits below it, Norway sits above it.
Not covered for both countries yet: Crypto Tax.