Slovakia 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.
๐ธ๐ฐ Slovakia โ Municipal Property & Business Taxes
Slovakia's 79 districts and 2,927 municipalities have limited taxing powers. Municipalities set property tax (daล z nehnuteฤพnostรญ) within nationally defined limits and may apply local coefficients. Commercial property tax in Bratislava is higher than rural areas. Vehicle tax is set regionally. A local fee for municipal waste applies. Slovakia uses a progressive income tax system since abandoning its flat 19% rate in 2013. The 15% CIT rate for SMEs is one of the EU's most competitive.
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.
Slovakia vs Norway: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ด Norway has a higher top income tax rate (19โ25% vs 22โ47.4%). ๐ธ๐ฐ Slovakia is more favourable for high earners.
๐ VAT/Sales Tax: Norway has a higher consumption tax (5โ20% vs 12โ25%).
๐ข Corporate Tax: ๐ธ๐ฐ Slovakia offers a lower corporate rate (21% vs 22%), which can influence business location decisions.
๐ Capital Gains: ๐ธ๐ฐ Slovakia taxes investment gains at a lower rate (25% vs 37.84%), benefiting investors.