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Sweden vs Canada
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ธ๐Ÿ‡ช Sweden
vs
๐Ÿ‡จ๐Ÿ‡ฆ Canada
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
32โ€“52%
Threshold adjustments; municipal variation continues
No change
15โ€“33%
Federal brackets; new govt may revisit top rates
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
6โ€“25%
Standard 25% maintained
No change
5โ€“15%
GST/HST normalized after holiday period
No change
Corporate Tax Rate
Corporate Tax Rate
20.6%
Pillar Two compliance for MNCs
No change
15%
15% federal; Global Minimum Tax active
No change
Capital Gains Tax
Capital Gains Tax
30%
Capital income tax rate unchanged
No change
~33.3%
2/3 inclusion rate maintained
No change
Social Security & Payroll
Social Security / Payroll
31.42%
Employer social contributions unchanged
No change
~12.3%
CPP contribution rates stabilizing
No change
State, Regional & Local Taxes

๐Ÿ‡ธ๐Ÿ‡ช Sweden โ€” Municipal Income Tax

Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.

๐Ÿ‡จ๐Ÿ‡ฆ Canada โ€” Provincial Income & Sales Taxes

Canada's 10 provinces each levy their own income tax (4%โ€“25.75% top). Combined federal+provincial top rates exceed 50% in Quebec, Nova Scotia, and Ontario. Quebec has its own QPP and QST (9.975%). Alberta has no provincial sales tax. HST replaces GST+PST in Atlantic provinces and Ontario. Property taxes are municipal.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Sweden vs Canada: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ธ๐Ÿ‡ช Sweden has a higher top income tax rate (32โ€“52% vs 15โ€“33%). ๐Ÿ‡จ๐Ÿ‡ฆ Canada is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Sweden has a higher consumption tax (6โ€“25% vs 5โ€“15%).

๐Ÿข Corporate Tax: ๐Ÿ‡จ๐Ÿ‡ฆ Canada offers a lower corporate rate (15% vs 20.6%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ธ๐Ÿ‡ช Sweden taxes investment gains at a lower rate (30% vs 33.3%), benefiting investors.

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