NO · EuropeUY · Americas
Norway vs Uruguay: tax rates compared
Norway has an income tax rate of 39.7%, 3.7pp above Uruguay's 36%. 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
| Tax | NO | UY | Difference |
|---|---|---|---|
| Income Tax | 39.7% | 36% | NO +3.7 pp |
| Corporate Tax | 22% | 25% | UY +3 pp |
| VAT | 25% | 22% | NO +3 pp |
| Capital Gains Tax | 37.8% | 12% | NO +25.8 pplargest gap |
| Wealth Tax | 1.1% | 0.1% | NO +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 |
| Uruguay | 36% | Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Taxes on personal income) · as of 2025-12-31 |
| Difference | +3.7 pp | Norway higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Uruguay | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −3 pp | Uruguay higher |
Uruguay has a corporate tax rate of 25%, 3pp above Norway's 22%. The 201-country average is 22.6%: Norway sits below it, Uruguay sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| Uruguay | 22% | Source: Dirección General Impositiva (DGI), Uruguay · as of 2024-06-18 |
| Difference | +3 pp | Norway higher |
Norway has a VAT rate of 25%, 3pp above Uruguay's 22%. The 181-country average is 15%: both sit above it. Norway's figure is dated 2026-06-25 and Uruguay's 2024-06-18, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| Uruguay | 12% | Source: PWC Worldwide Tax Summaries — Uruguay (Individual, Income determination) · as of 2026-03-09 |
| Difference | +25.8 pp | Norway higher |
Norway has a capital gains tax rate of 37.8%, 25.8pp above Uruguay's 12%. The 175-country average is 10.3%: 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 |
| Uruguay | 0.1% | Source: Dirección General Impositiva — Tasas del Impuesto al Patrimonio, personas físicas 2025 · as of 2025-01-01 |
| Difference | +1 pp | Norway higher |
Norway has a wealth tax rate of 1.1%, 1pp above Uruguay's 0.1%. The 193-country average is 0.1%: Norway sits above it, Uruguay matches the world average. Norway's figure is dated 2026-01-01 and Uruguay's 2025-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.