NO · EuropePS · Asia

Norway vs Palestine: tax rates compared

Norway's income tax rate is 24.7pp higher than Palestine's (39.7% vs 15%). The 200-country average is 28%: Norway sits above it, Palestine sits below it. Norway's figure is dated 2025-01-01 and Palestine's 2026-02-09, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income15%39.7%Corporate15%22%VAT16%25%Wealth Tax0%1.1%
four shared taxes, side by side
Tax NO PSDifference
Income Tax39.7%15%NO +24.7 pplargest gap
Corporate Tax22%15%NO +7 pp
VAT25%16%NO +9 pp
Wealth Tax1.1%0%NO +1.1 pp

Income Tax

Income Tax, side by side
CountryRateSource
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
Difference+24.7 ppNorway higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+7 ppNorway higher

Norway's corporate tax rate is 7pp higher than Palestine's (22% vs 15%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Difference+9 ppNorway higher

Norway's VAT rate is 9pp higher than Palestine's (25% vs 16%). The 181-country average is 15%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Difference+1.1 ppNorway higher

Norway's wealth tax rate is 1.1pp higher than Palestine's (1.1% vs 0%). The 193-country average is 0.1%: Norway sits above it, Palestine sits below it.

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