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Luxembourg vs Norway: tax rates compared
Between the two, Luxembourg's income tax rate (45.8%) tops Norway's (39.7%) by 6.1pp. The 37-country average is 43.2%: Luxembourg sits above it, Norway sits below it.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Income Tax
| Country | Rate | Source |
|---|---|---|
| Luxembourg | 45.8% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +6.1 pp | Luxembourg higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Luxembourg | 23.9% | 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 | +1.9 pp | Luxembourg higher |
Between the two, Luxembourg's corporate tax rate (23.9%) tops Norway's (22%) by 1.9pp. The 201-country average is 22.6%: Luxembourg sits above it, Norway sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Luxembourg | 17% | Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13 |
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Difference | −8 pp | Norway higherlargest gap on this page |
Between the two, Norway's VAT rate (25%) tops Luxembourg's (17%) by 8pp. The 37-country average is 19.5%: Luxembourg sits below it, Norway sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Luxembourg | 0% | Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13 |
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Difference | −1.1 pp | Norway higher |
Between the two, Norway's wealth tax rate (1.1%) tops Luxembourg's (0%) by 1.1pp. The 193-country average is 0.1%: Luxembourg sits below it, Norway sits above it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.