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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 200-country average is 28%: both sit above it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | LU | NO | Difference |
|---|---|---|---|
| Income Tax | 45.8% | 39.7% | LU +6.1 pp |
| Corporate Tax | 23.9% | 22% | LU +1.9 pp |
| VAT | 17% | 25% | NO +8 pp |
| Capital Gains Tax | 0% | 37.8% | NO +37.8 pplargest gap |
| Crypto Tax | 0% | 22% | NO +22 pp |
| Wealth Tax | 0% | 1.1% | NO +1.1 pp |
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 higher |
Between the two, Norway's VAT rate (25%) tops Luxembourg's (17%) by 8pp. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Luxembourg | 0% | Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13 |
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Difference | −37.8 pp | Norway higher |
Between the two, Norway's capital gains tax rate (37.8%) tops Luxembourg's (0%) by 37.8pp. The 175-country average is 10.3%: Luxembourg sits below it, Norway sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Luxembourg | 0% | Source: Luxembourg Direct Tax Administration (Administration des contributions directes) — Circular L.I.R. n° 14/5 – 99/3 – 99bis/3 (26 July 2018), "Monnaies virtuelles" · as of 2018-07-26 |
| Norway | 22% | Source: Norwegian Tax Administration (Skatteetaten) — Skatte-ABC, V-13-3.4 Realisasjon (virtual assets — realization) · as of 2026-01-01 |
| Difference | −22 pp | Norway higher |
Between the two, Norway's crypto tax rate (22%) tops Luxembourg's (0%) by 22pp. The 88-country average is 13%: Luxembourg sits below it, Norway sits above it. Luxembourg's figure is dated 2018-07-26 and Norway's 2026-01-01, so the two rates come from different data vintages.
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.