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Norway vs Azerbaijan
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇳🇴 Norway
vs
🇦🇿 Azerbaijan
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
22–47.4%
Income thresholds rising with wage growth
No change
14–25%
Stable; post-war reconstruction boosting economy
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12–25%
Standard 25% maintained
No change
18%
18% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
22%
Resource rent taxes stable; critical minerals review
No change
20%
20%; Karabakh reconstruction zone incentives
No change

Capital Gains Tax

Capital Gains Tax
37.84%
High dividend tax fuels holding co. debate
No change
20%
20% via income
No change

Social Security & Payroll

Social Security / Payroll
~19.1%
Stable; labour market tight
No change
~25%
DSMF structure stable; pension adequacy reform
No change
State, Regional & Local Taxes

🇳🇴 NorwayMunicipal 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%–1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.

🇦🇿 AzerbaijanMunicipal & 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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Norway vs Azerbaijan: Key Tax Differences (2026)

💰 Income Tax: 🇳🇴 Norway has a higher top income tax rate (22–47.4% vs 14–25%). 🇦🇿 Azerbaijan is more favourable for high earners.

🛒 VAT/Sales Tax: Norway has a higher consumption tax (12–25% vs 18%).

🏢 Corporate Tax: 🇦🇿 Azerbaijan offers a lower corporate rate (20% vs 22%), which can influence business location decisions.

📈 Capital Gains: 🇦🇿 Azerbaijan taxes investment gains at a lower rate (20% vs 37.84%), benefiting investors.

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