Belgium vs North Macedonia
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.
๐ฒ๐ฐ North Macedonia โ Municipal Taxes
North Macedonia's 80 municipalities (opลกtini) levy property tax (0.10%โ0.20% of market value), communal fees, and business licences. Skopje, divided into 10 municipalities, has the largest combined tax base. The Public Revenue Office administers national taxes. North Macedonia gained EU candidate status and is progressing toward accession. It has maintained a flat 10% income and corporate tax rate as a competitive attraction. It joined NATO in 2020. The economy relies on manufacturing (auto parts), services, and remittances.
Belgium vs North Macedonia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ช Belgium has a higher top income tax rate (25โ45% vs 10โ18%). ๐ฒ๐ฐ North Macedonia is more favourable for high earners.
๐ VAT/Sales Tax: Belgium has a higher consumption tax (6โ21% vs 5โ18%).
๐ข Corporate Tax: ๐ฒ๐ฐ North Macedonia offers a lower corporate rate (10% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฒ๐ฐ North Macedonia taxes investment gains at a lower rate (10% vs 33%), benefiting investors.