NO · EuropeSK · Europe

Norway vs Slovakia: tax rates compared

Norway has an income tax rate of 39.7%, 14.7pp above Slovakia's 25%. The 200-country average is 28%: Norway sits above it, Slovakia sits below it.

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

0102030405060Income25%39.7%Corporate22%24%VAT23%25%Capital Gains0%37.8%Crypto22%35%Wealth Tax0%1.1%
six shared taxes, side by side
Tax NO SKDifference
Income Tax39.7%25%NO +14.7 pp
Corporate Tax22%24%SK +2 pp
VAT25%23%NO +2 pp
Capital Gains Tax37.8%0%NO +37.8 pplargest gap
Crypto Tax22%35%SK +13 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
Slovakia25%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+14.7 ppNorway higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Norway22%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−2 ppSlovakia higher

Slovakia has a corporate tax rate of 24%, 2pp above Norway's 22%. The 201-country average is 22.6%: Norway sits below it, Slovakia sits above it.

VAT

VAT, side by side
CountryRateSource
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Slovakia23%Source: Finančná správa Slovenskej republiky — Sadzby dane (VAT rates) · as of 2025-01-01
Difference+2 ppNorway higher

Norway has a VAT rate of 25%, 2pp above Slovakia's 23%. The 181-country average is 15%: both sit above it. Norway's figure is dated 2026-06-25 and Slovakia's 2025-01-01, so the two rates come from different data vintages.

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
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Income determination) · as of 2026-01-20
Difference+37.8 ppNorway higher

Norway has a capital gains tax rate of 37.8%, 37.8pp above Slovakia's 0%. The 175-country average is 10.3%: Norway sits above it, Slovakia sits below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Norway22%Source: Norwegian Tax Administration (Skatteetaten) — Skatte-ABC, V-13-3.4 Realisasjon (virtual assets — realization) · as of 2026-01-01
Slovakia35%Source: Slov-Lex — Zákon č. 595/2003 Z. z. o dani z príjmov (znenie účinné od 1.1.2026), §2, §4, §8, §9 a §15 · as of 2026-01-01
Difference−13 ppSlovakia higher

Slovakia has a crypto tax rate of 35%, 13pp above Norway's 22%. 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
Slovakia0%Source: PWC Worldwide Tax Summaries — Slovak Republic (Individual, Other taxes) · as of 2026-01-20
Difference+1.1 ppNorway higher

Norway has a wealth tax rate of 1.1%, 1.1pp above Slovakia's 0%. The 193-country average is 0.1%: Norway sits above it, Slovakia sits below it.