Australia 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.
๐ฆ๐บ Australia โ State & Territory Taxes
Australia's 6 states and 2 territories levy payroll tax (4.75%โ6.85%), stamp duty on property, and land tax on investment properties. There is no state income tax โ income tax is federal only. The Stage 3 tax cuts (effective July 2024) restructured brackets significantly. The ACT is progressively replacing stamp duty with broad-based land value tax. Councils levy rates on property owners.
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.
Australia vs Norway: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ด Norway has a higher top income tax rate (0โ45% vs 22โ47.4%). ๐ฆ๐บ Australia is more favourable for high earners.
๐ VAT/Sales Tax: Norway has a higher consumption tax (10% vs 12โ25%).
๐ข Corporate Tax: ๐ณ๐ด Norway offers a lower corporate rate (22% vs 30%), which can influence business location decisions.
๐ Capital Gains: ๐ฆ๐บ Australia taxes investment gains at a lower rate (22.5% vs 37.84%), benefiting investors.