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Economy > Tax > Components of taxation Stats: compare key data on Iceland & New Zealand

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Definitions

STAT Iceland New Zealand
Corporate income tax u3%
Ranked 27th.
u12.1%
Ranked 7th. 4 times more than Iceland
Goods and service tax 40.3%
Ranked 4th. 14% more than New Zealand
35.2%
Ranked 10th.
Personal income tax 38.6%
Ranked 3rd.
42.3%
Ranked 2nd. 10% more than Iceland
Social security > Contribution by employer 7.9%
Ranked 23th.
0.0
Ranked 26th.
Social security > Employees contribution 0.3%
Ranked 28th.
0.0
Ranked 29th.

SOURCES: OECD Revenue Statistics

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