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Luxembourg vs Serbia: tax rates compared

Luxembourg has an income tax rate of 45.8%, 35.8pp above Serbia's 10%. The 200-country average is 28%: Luxembourg sits above it, Serbia sits below it. Luxembourg's figure is dated 2025-01-01 and Serbia's 2026-02-25, so the two rates come from different data vintages.

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

0102030405060Income10%45.8%Corporate15%23.9%VAT17%20%Capital Gains0%15%Crypto0%15%Wealth Tax0%
six shared taxes, side by side
Tax LU RSDifference
Income Tax45.8%10%LU +35.8 pplargest gap
Corporate Tax23.9%15%LU +8.9 pp
VAT17%20%RS +3 pp
Capital Gains Tax0%15%RS +15 pp
Crypto Tax0%15%RS +15 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Serbia10%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference+35.8 ppLuxembourg higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Serbia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8.9 ppLuxembourg higher

Luxembourg has a corporate tax rate of 23.9%, 8.9pp above Serbia's 15%. The 201-country average is 22.6%: Luxembourg sits above it, Serbia sits below it.

VAT

VAT, side by side
CountryRateSource
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Serbia20%Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25
Difference−3 ppSerbia higher

Serbia has a VAT rate of 20%, 3pp above Luxembourg's 17%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
Serbia15%Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25
Difference−15 ppSerbia higher

Serbia has a capital gains tax rate of 15%, 15pp above Luxembourg's 0%. The 175-country average is 10.3%: Luxembourg sits below it, Serbia sits above it.

Crypto Tax

Serbia has a crypto tax rate of 15%, 15pp above Luxembourg's 0%. The 88-country average is 13%: Luxembourg sits below it, Serbia sits above it. Luxembourg's figure is dated 2018-07-26 and Serbia's 2026-02-25, 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
Serbia0%Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25
Difference0 ppdisplayed rates match

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