NO · EuropeRS · Europe
Norway vs Serbia: tax rates compared
Norway's income tax rate is 29.7pp higher than Serbia's (39.7% vs 10%). The 200-country average is 28%: Norway sits above it, Serbia sits below it. Norway'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
| Tax | NO | RS | Difference |
|---|---|---|---|
| Income Tax | 39.7% | 10% | NO +29.7 pplargest gap |
| Corporate Tax | 22% | 15% | NO +7 pp |
| VAT | 25% | 20% | NO +5 pp |
| Capital Gains Tax | 37.8% | 15% | NO +22.8 pp |
| Crypto Tax | 22% | 15% | NO +7 pp |
| Wealth Tax | 1.1% | 0% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 39.7% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Serbia | 10% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | +29.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Serbia | 15% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7 pp | Norway higher |
Norway's corporate tax rate is 7pp higher than Serbia's (22% vs 15%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Serbia | 20% | Source: PWC Worldwide Tax Summaries — Serbia (Corporate, Other taxes) · as of 2026-02-25 |
| Difference | +5 pp | Norway higher |
Norway's VAT rate is 5pp higher than Serbia's (25% vs 20%). The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Serbia | 15% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | +22.8 pp | Norway higher |
Norway's capital gains tax rate is 22.8pp higher than Serbia's (37.8% vs 15%). The 175-country average is 10.3%: both sit above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | Source: Norwegian Tax Administration (Skatteetaten) — Skatte-ABC, V-13-3.4 Realisasjon (virtual assets — realization) · as of 2026-01-01 |
| Serbia | 15% | Source: PWC Worldwide Tax Summaries — Serbia (Individual, Income determination) · as of 2026-02-25 |
| Difference | +7 pp | Norway higher |
Norway's crypto tax rate is 7pp higher than Serbia's (22% vs 15%). The 88-country average is 13%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Serbia | 0% | Source: PWC Worldwide Tax Summaries — Serbia (Net wealth/worth tax rates) · as of 2026-02-25 |
| Difference | +1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than Serbia's (1.1% vs 0%). The 193-country average is 0.1%: Norway sits above it, Serbia sits below it.