Greece or Iceland: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Greece and Iceland weigh about the same on the taxpayer.

Tax Greece Iceland Gap
Corporate income tax headline rate 22% 20% +2.0 points
Personal income tax top bracket 9% to 44% 0% to 46% −2.0 points
VAT standard rate 24% 24% Same rate
See the Greece page See the Iceland page