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New Zealand vs Luxembourg Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
New Zealand39%Lower
Luxembourg42%
Corporate Tax
New Zealand28%
Luxembourg23.9%Lower
Capital Gains
New Zealand0%Lower
Luxembourg21%
VAT / Sales Tax
New Zealand15%Lower
Luxembourg17%
| Category | New Zealand | Luxembourg |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 39% | 42% |
| Corporate Tax | 28% | 23.9% |
| Capital Gains | 0% | 21% |
| VAT / Sales Tax | 15% | 17% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 40 | 85 |
| Currency | NZD | EUR |
The bottom line: New Zealand vs Luxembourg
New Zealand has the lower headline rate on 3 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. New Zealand runs a progressive tax system, while Luxembourg uses a progressive one. Luxembourg has the wider tax-treaty network (85 agreements), which can reduce withholding tax on cross-border income.
- Income tax: New Zealand is lower (39% vs 42%)
- Corporate tax: Luxembourg is lower (28% vs 23.9%)
- Capital gains tax: New Zealand is lower (0% vs 21%)
- VAT / sales tax: New Zealand is lower (15% vs 17%)