Azerbaijan 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.
๐ฆ๐ฟ Azerbaijan โ Municipal & Local Taxes
Azerbaijan's 67 districts and Baku have limited independent tax powers. The Ministry of Taxes administers all national taxes centrally. Municipalities collect land and property taxes within national frameworks. Oil and gas companies operate under Production Sharing Agreements (PSAs) with the state oil company SOCAR, which have special tax provisions. ASAN (service centres) have modernized tax filing considerably. The Strategic Road Map (2016) targets economic diversification away from oil revenue dependency.
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.
Azerbaijan vs Norway: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ด Norway has a higher top income tax rate (14โ25% vs 22โ47.4%). ๐ฆ๐ฟ Azerbaijan is more favourable for high earners.
๐ VAT/Sales Tax: Norway has a higher consumption tax (18% vs 12โ25%).
๐ข Corporate Tax: ๐ฆ๐ฟ Azerbaijan offers a lower corporate rate (20% vs 22%), which can influence business location decisions.
๐ Capital Gains: ๐ฆ๐ฟ Azerbaijan taxes investment gains at a lower rate (20% vs 37.84%), benefiting investors.