Bolivia vs Norway
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§π΄ Bolivia β Departmental & Municipal Taxes
Bolivia's 9 departments and 339 municipalities have their own tax powers. Municipalities levy the Impuesto a la Propiedad de Bienes Inmuebles (IPBI) on real property and the Impuesto Municipal a las Transferencias (IMT) on property transfers. Departmental governments receive shares of natural resource royalties. The National Tax Service (SIN) administers national taxes. Bolivia has a unique tax system where there is no personal income tax in the traditional sense β instead, the RC-IVA (complementary VAT) effectively taxes income.
π³π΄ Norway β 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%β1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.
Bolivia vs Norway: Key Tax Differences (2026)
π° Income Tax: π³π΄ Norway has a higher top income tax rate (13% vs 22β47.4%). π§π΄ Bolivia is more favourable for high earners.
π VAT/Sales Tax: Norway has a higher consumption tax (13% vs 12β25%).
π’ Corporate Tax: π³π΄ Norway offers a lower corporate rate (22% vs 25%), which can influence business location decisions.
π Capital Gains: π§π΄ Bolivia taxes investment gains at a lower rate (25% vs 37.84%), benefiting investors.