Vietnam 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
🇻🇳 Vietnam — Provincial & Local Taxes
Vietnam's 63 provinces and municipalities have limited independent taxing powers. The General Department of Taxation (GDT) administers national taxes through provincial tax departments. Provinces may levy natural resource taxes (NRT) on extractive industries at 1%–40% of resource value, and certain fees. Land use fees and land lease fees vary by province based on Land Prices Tables set annually by provincial People's Committees. Ho Chi Minh City and Hanoi have the highest land prices.
🇳🇴 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.
Vietnam vs Norway: Key Tax Differences (2026)
💰 Income Tax: 🇳🇴 Norway has a higher top income tax rate (5–35% vs 22–47.4%). 🇻🇳 Vietnam is more favourable for high earners.
🛒 VAT/Sales Tax: Norway has a higher consumption tax (0–10% vs 12–25%).
🏢 Corporate Tax: 🇻🇳 Vietnam offers a lower corporate rate (20% vs 22%), which can influence business location decisions.
📈 Capital Gains: 🇻🇳 Vietnam taxes investment gains at a lower rate (20% vs 37.84%), benefiting investors.