Bulgaria 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.
๐ง๐ฌ Bulgaria โ Municipal Taxes
Bulgaria's 265 municipalities set local tax rates within nationally defined bands. Property tax (danuk varhu nedvizhimi imoti) is levied at 0.01%โ0.45% of the property's tax value (set by municipalities). Vehicle tax and patent tax for micro-enterprises are also locally determined. Sofia Municipality applies higher property tax coefficients than rural areas. Bulgaria has the EU's lowest flat income and corporate tax rates at 10%, making it a competitive jurisdiction for businesses.
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.
Bulgaria vs Norway: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ณ๐ด Norway has a higher top income tax rate (10% vs 22โ47.4%). ๐ง๐ฌ Bulgaria is more favourable for high earners.
๐ VAT/Sales Tax: Norway has a higher consumption tax (9โ20% vs 12โ25%).
๐ข Corporate Tax: ๐ง๐ฌ Bulgaria offers a lower corporate rate (10% vs 22%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ฌ Bulgaria taxes investment gains at a lower rate (10% vs 37.84%), benefiting investors.