NO · EuropeUA · Europe
Norway vs Ukraine: tax rates compared
Norway's income tax rate is 21.7pp higher than Ukraine's (39.7% vs 18%). The 200-country average is 28%: Norway sits above it, Ukraine sits below it. Norway's figure is dated 2025-01-01 and Ukraine's 2026-06-30, 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 | UA | Difference |
|---|---|---|---|
| Income Tax | 39.7% | 18% | NO +21.7 pplargest gap |
| Corporate Tax | 22% | 18% | NO +4 pp |
| VAT | 25% | 20% | NO +5 pp |
| Capital Gains Tax | 37.8% | 18% | NO +19.8 pp |
| Crypto Tax | 22% | 18% | NO +4 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 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30 |
| Difference | +21.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Ukraine | 18% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +4 pp | Norway higher |
Norway's corporate tax rate is 4pp higher than Ukraine's (22% vs 18%). 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 |
| Ukraine | 20% | Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | +5 pp | Norway higher |
Norway's VAT rate is 5pp higher than Ukraine'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 |
| Ukraine | 18% | Source: PWC Worldwide Tax Summaries — Capital gains tax (CGT) rates (quick chart, Ukraine individual row) · as of 2026-06-30 |
| Difference | +19.8 pp | Norway higher |
Norway's capital gains tax rate is 19.8pp higher than Ukraine's (37.8% vs 18%). 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 |
| Ukraine | 18% | Source: State Tax Service of Ukraine, Odesa Oblast — official explainer on personal income tax and military levy taxation of individual income from cryptocurrency transactions · as of 2024-07-18 |
| Difference | +4 pp | Norway higher |
Norway's crypto tax rate is 4pp higher than Ukraine's (22% vs 18%). The 88-country average is 13%: both sit above it. Norway's figure is dated 2026-01-01 and Ukraine's 2024-07-18, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| Ukraine | 0% | Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30 |
| Difference | +1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than Ukraine's (1.1% vs 0%). The 193-country average is 0.1%: Norway sits above it, Ukraine sits below it.