IQ · AsiaRU · Europe

Iraq vs Russia: tax rates compared

Between the two, Russia's income tax rate (22%) tops Iraq's (15%) by 7pp. The 200-country average is 28%: both sit 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%22%Corporate15%25%VAT0%22%Capital Gains0%15%Wealth Tax0%
five shared taxes, side by side
Tax IQ RUDifference
Income Tax15%22%RU +7 pp
Corporate Tax15%25%RU +10 pp
VAT0%22%RU +22 pplargest gap
Capital Gains Tax0%15%RU +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Iraq15%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Taxes on personal income) · as of 2026-06-24
Russia22%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference−7 ppRussia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Iraq15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Russia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppRussia higher

Between the two, Russia's corporate tax rate (25%) tops Iraq's (15%) by 10pp. The 201-country average is 22.6%: Iraq sits below it, Russia sits above it.

VAT

VAT, side by side
CountryRateSource
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24
Russia22%Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01
Difference−22 ppRussia higher

Between the two, Russia's VAT rate (22%) tops Iraq's (0%) by 22pp. The 181-country average is 15%: Iraq sits below it, Russia sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Iraq0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Iraq · as of 2025-10-01
Russia15%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference−15 ppRussia higher

Between the two, Russia's capital gains tax rate (15%) tops Iraq's (0%) by 15pp. The 175-country average is 10.3%: Iraq sits below it, Russia sits above it. Iraq's figure is dated 2025-10-01 and Russia's 2026-07-04, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Individual, Other taxes) · as of 2026-06-24
Russia0%Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18
Difference0 ppdisplayed rates match

There's no gap here — Iraq and Russia 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.