Thailand vs Norway
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇹🇭 Thailand — Municipal & Local Organization Taxes
Thailand's 77 provinces contain various Local Administrative Organizations (LAOs) — municipalities, sub-district organizations (TAO), and special areas (Bangkok, Pattaya). LAOs levy Local Development Tax (LDT) on land at low rates (0.01%–0.5% of assessed value). The Land and Building Tax (LBT) implemented in 2020 applies at 0.01%–3% based on use type. Bangkok has the highest real estate values. The Revenue Department administers national taxes centrally.
🇳🇴 Norway — 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%–1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.
Thailand vs Norway: Key Tax Differences (2026)
💰 Income Tax: 🇳🇴 Norway has a higher top income tax rate (0–35% vs 22–47.4%). 🇹🇭 Thailand is more favourable for high earners.
🛒 VAT/Sales Tax: Norway has a higher consumption tax (7% vs 12–25%).
🏢 Corporate Tax: 🇹🇭 Thailand offers a lower corporate rate (20% vs 22%), which can influence business location decisions.
📈 Capital Gains: 🇹🇭 Thailand taxes investment gains at a lower rate (35% vs 37.84%), benefiting investors.