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Norway vs Türkiye: tax rates compared

Between the two, Türkiye's income tax rate (40.8%) tops Norway's (39.7%) by 1.1pp. The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income39.7%40.8%Corporate22%25%VAT20%25%Capital Gains0%37.8%Wealth Tax0%1.1%
five shared taxes, side by side
Tax NO TRDifference
Income Tax39.7%40.8%TR +1.1 pp
Corporate Tax22%25%TR +3 pp
VAT25%20%NO +5 pp
Capital Gains Tax37.8%0%NO +37.8 pplargest gap
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
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−1.1 ppTürkiye higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Norway22%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Türkiye25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3 ppTürkiye higher

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

VAT

VAT, side by side
CountryRateSource
Norway25%Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference+5 ppNorway higher

Between the two, Norway's VAT rate (25%) tops Türkiye's (20%) by 5pp. 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
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference+37.8 ppNorway higher

Between the two, Norway's capital gains tax rate (37.8%) tops Türkiye's (0%) by 37.8pp. The 175-country average is 10.3%: Norway sits above it, Türkiye sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference+1.1 ppNorway higher

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

Not covered for both countries yet: Crypto Tax.