IQ · AsiaCH · Europe

Iraq vs Switzerland: tax rates compared

Switzerland's income tax rate is 26.4pp higher than Iraq's (41.4% vs 15%). The 200-country average is 28%: Iraq sits below it, Switzerland sits above it. Iraq's figure is dated 2026-06-24 and Switzerland'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

0102030405060Income15%41.4%Corporate15%19.6%VAT0%8.1%Capital Gains0%Wealth Tax0%0.9%
five shared taxes, side by side
Tax IQ CHDifference
Income Tax15%41.4%CH +26.4 pplargest gap
Corporate Tax15%19.6%CH +4.6 pp
VAT0%8.1%CH +8.1 pp
Capital Gains Tax0%0%match
Wealth Tax0%0.9%CH +0.9 pp

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
Switzerland41.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−26.4 ppSwitzerland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Iraq15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Switzerland19.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−4.6 ppSwitzerland higher

Switzerland's corporate tax rate is 4.6pp higher than Iraq's (19.6% vs 15%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Iraq0%Source: PWC Worldwide Tax Summaries — Iraq (Corporate, Other taxes) · as of 2026-06-24
Switzerland8.1%Source: PWC Worldwide Tax Summaries — Switzerland (Corporate, Other taxes) · as of 2026-07-01
Difference−8.1 ppSwitzerland higher

Switzerland's VAT rate is 8.1pp higher than Iraq's (8.1% vs 0%). The 181-country average is 15%: both sit below 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
Switzerland0%Source: PWC Worldwide Tax Summaries — Switzerland (Individual, Income determination) · as of 2026-07-01
Difference0 ppdisplayed rates match

Iraq's capital gains tax rate is identical to Switzerland's — both sit at 0%. The 175-country average is 10.3%: both sit below it. Iraq's figure is dated 2025-10-01 and Switzerland's 2026-07-01, 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
Switzerland0.9%Source: République et Canton de Genève, Administration fiscale cantonale — Barèmes 2025 pour les impôts sur le revenu et la fortune · as of 2025-01-01
Difference−0.9 ppSwitzerland higher

Switzerland's wealth tax rate is 0.9pp higher than Iraq's (0.9% vs 0%). The 193-country average is 0.1%: Iraq sits below it, Switzerland sits above it. Iraq's figure is dated 2026-06-24 and Switzerland's 2025-01-01, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.