Russia vs Norway
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ท๐บ Russia โ Regional & Municipal Taxes
Russia's 89 federal subjects (regions, republics, territories) set their own rates for the regional corporate income tax share (within federal bounds: regions get 17% of 20% national rate, can reduce to 12.5%). Property tax is regional, vehicle tax is regional, and transport tax varies by region. Municipal taxes are limited: land tax (0.3%โ1.5%) and individual property tax are locally determined within federal parameters. Sanctions have significantly affected the international tax landscape for Russian entities.
๐ณ๐ด Norway โ Municipal Taxes & Resource Rent
Norway's 15 counties and 356 municipalities set local income tax within a national band; max combined rate ~22%. Norway has unique resource rent taxes on petroleum (78%) and hydropower (67% from 2024). Wealth tax (formuesskatt) applies at 1%โ1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.
Russia vs Norway: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ด Norway has a higher top income tax rate (13โ22% vs 22โ47.4%). ๐ท๐บ Russia is more favourable for high earners.
๐ VAT/Sales Tax: Norway has a higher consumption tax (20% vs 12โ25%).
๐ข Corporate Tax: ๐ณ๐ด Norway offers a lower corporate rate (22% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ท๐บ Russia taxes investment gains at a lower rate (22% vs 37.84%), benefiting investors.