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Luxembourg vs Slovakia: tax rates compared

Luxembourg's income tax rate is 20.8pp higher than Slovakia's (45.8% vs 25%). The 37-country average is 43.2%: Luxembourg sits above it, Slovakia 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

0102030405060World avg 43.2%LU 45.8%SK 25%
Income Tax, side by side
CountryRateSource
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+20.8 ppLuxembourg higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%LU 23.9%SK 24%
Corporate Tax, side by side
CountryRateSource
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Slovakia24%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.1 ppSlovakia higher

Slovakia's corporate tax rate is 0.1pp higher than Luxembourg's (24% vs 23.9%). The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%LU 17%SK 23%
VAT, side by side
CountryRateSource
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference−6 ppSlovakia higher

Slovakia's VAT rate is 6pp higher than Luxembourg's (23% vs 17%). The 37-country average is 19.5%: Luxembourg sits below it, Slovakia sits above it. Luxembourg's figure is dated 2026-01-13 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%LU 0%SK 0%
Wealth Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20
Difference0 ppdisplayed rates match

Luxembourg's wealth tax rate is identical to Slovakia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.