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Norway vs Bangladesh
Tax Rate Comparison

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

🇳🇴 Norway
vs
🇧🇩 Bangladesh
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
0–30%
LDC graduation adjustments; revenue mobilization priority
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12–25%
Standard 25% maintained
No change
15%
15% standard; digital economy VAT enforcement
No change

Corporate Tax Rate

Corporate Tax Rate
22%
Resource rent taxes stable; critical minerals review
No change
20–45%
Rates maintained; RMG sector retains export incentives
No change

Capital Gains Tax

Capital Gains Tax
37.84%
High dividend tax fuels holding co. debate
No change
15%
15% on securities
No change

Social Security & Payroll

Social Security / Payroll
~19.1%
Stable; labour market tight
No change
~3%
Social protection floor development post-LDC graduation
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.

🇧🇩 BangladeshLocal Government & Municipal Taxes

Bangladesh's 8 divisions, 64 districts, and 492 upazilas have limited tax powers. City corporations (like Dhaka, Chittagong) levy holding tax (property tax) on buildings at rates set by each corporation. Union Parishads collect land development taxes. The National Board of Revenue (NBR) administers income, VAT, and customs nationally. The garment sector (RMG) is a dominant export industry with special fiscal treatment. Bangladesh graduated from LDC status in 2026 with implications for trade preferences and tax policy.

⚠️ 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 Bangladesh: Key Tax Differences (2026)

💰 Income Tax: 🇳🇴 Norway has a higher top income tax rate (22–47.4% vs 0–30%). 🇧🇩 Bangladesh is more favourable for high earners.

🛒 VAT/Sales Tax: Norway has a higher consumption tax (12–25% vs 15%).

🏢 Corporate Tax: 🇳🇴 Norway offers a lower corporate rate (22% vs 45%), which can influence business location decisions.

📈 Capital Gains: 🇧🇩 Bangladesh taxes investment gains at a lower rate (15% vs 37.84%), benefiting investors.

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