Belgium vs Iraq
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.
๐ง๐ช Belgium โ Regional & Municipal Income Taxes
Belgium's 3 regions (Flanders, Wallonia, Brussels) and 589 municipalities each add centimes additionnelles (additional centimes) to federal income tax. Municipal rates range from 0% to 9.5% of federal income tax, averaging ~7%. Flanders, Wallonia, and Brussels have differing property tax (prรฉcompte immobilier) rates and housing policy incentives. The withholding tax on investment income (prรฉcompte mobilier) is federal at 30%. Belgium has no inheritance tax at federal level โ it's regional.
๐ฎ๐ถ Iraq โ Governorate Taxes
Iraq's 18 governorates (muhafazat) have limited independent taxing powers under the federal system. The Kurdish Region of Iraq (KRI โ Erbil, Sulaymaniyah, Dohuk) has its own tax administration and revenue share arrangement with Baghdad. The Federal Board of Supreme Audit and Tax Commission administer national taxes. Oil revenues dominate the Iraqi budget (~90% of government revenue), meaning formal taxation plays a smaller role than in most countries. Reconstruction and diversification remain key challenges.
Belgium vs Iraq: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ช Belgium has a higher top income tax rate (25โ45% vs 3โ15%). ๐ฎ๐ถ Iraq is more favourable for high earners.
๐ VAT/Sales Tax: Belgium has a higher consumption tax (6โ21% vs 0%).
๐ข Corporate Tax: ๐ฎ๐ถ Iraq offers a lower corporate rate (15% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฎ๐ถ Iraq taxes investment gains at a lower rate (15% vs 33%), benefiting investors.