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Norway vs Russia: tax rates compared

Between the two, Norway's income tax rate (39.7%) tops Russia's (22%) by 17.7pp. The 200-country average is 28%: Norway sits above it, Russia sits below it. Norway's figure is dated 2025-01-01 and Russia's 2026-07-04, 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

0102030405060Income22%39.7%Corporate22%25%VAT22%25%Capital Gains15%37.8%Crypto15%22%Wealth Tax0%1.1%
six shared taxes, side by side
Tax NO RUDifference
Income Tax39.7%22%NO +17.7 pp
Corporate Tax22%25%RU +3 pp
VAT25%22%NO +3 pp
Capital Gains Tax37.8%15%NO +22.8 pplargest gap
Crypto Tax22%15%NO +7 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
Russia22%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference+17.7 ppNorway higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Russia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppRussia higher

Between the two, Russia's corporate tax rate (25%) tops Norway's (22%) by 3pp. The 201-country average is 22.6%: Norway sits below it, Russia sits above it.

VAT

VAT, side by side
CountryRateSource
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Russia22%Source: Federal Tax Service of Russia (FNS) — VAT rate transition guidance · as of 2026-01-01
Difference+3 ppNorway higher

Between the two, Norway's VAT rate (25%) tops Russia's (22%) by 3pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Norway37.8%Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20
Russia15%Source: KonsultantPlus — Tax Code of the Russian Federation (Part Two), Article 224, Tax Rates · as of 2026-07-04
Difference+22.8 ppNorway higher

Between the two, Norway's capital gains tax rate (37.8%) tops Russia's (15%) by 22.8pp. The 175-country average is 10.3%: both sit above it.

Crypto Tax

Between the two, Norway's crypto tax rate (22%) tops Russia's (15%) by 7pp. The 88-country average is 13%: 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
Russia0%Source: Tax Code of the Russian Federation, Part Two (official consolidated text via KonsultantPlus legal reference database) · as of 2026-07-18
Difference+1.1 ppNorway higher

Between the two, Norway's wealth tax rate (1.1%) tops Russia's (0%) by 1.1pp. The 193-country average is 0.1%: Norway sits above it, Russia sits below it.