LU · EuropeSM · Europe

Luxembourg vs San Marino: tax rates compared

Luxembourg has an income tax rate of 45.8%, 10.8pp above San Marino's 35%. The 200-country average is 28%: both sit above 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

0102030405060Income35%45.8%Corporate17%23.9%Capital Gains0%10%Crypto0%10%Wealth Tax0%
five shared taxes, side by side
Tax LU SMDifference
Income Tax45.8%35%LU +10.8 pplargest gap
Corporate Tax23.9%17%LU +6.9 pp
Capital Gains Tax0%10%SM +10 pp
Crypto Tax0%10%SM +10 pp
Wealth Tax0%0%match

Income Tax

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
San Marino17%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+6.9 ppLuxembourg higher

Luxembourg has a corporate tax rate of 23.9%, 6.9pp above San Marino's 17%. The 201-country average is 22.6%: Luxembourg sits above it, San Marino sits below it.

Capital Gains Tax

San Marino has a capital gains tax rate of 10%, 10pp above Luxembourg's 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

San Marino has a crypto tax rate of 10%, 10pp above Luxembourg's 0%. The 88-country average is 13%: both sit below it. Luxembourg's figure is dated 2018-07-26 and San Marino's 2026-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
San Marino0%Source: Repubblica di San Marino, Portale del Governo — IGR: Gestione Imposte dirette, Patrimoniale (official administrative portal) · as of 2026-07-18
Difference0 ppdisplayed rates match

Luxembourg and San Marino share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: VAT.