Iceland vs Montenegro: Paying taxes: Profit tax
Iceland
8.5%
in 2019
Montenegro
8.3%
in 2019
Iceland rank
149th
Montenegro rank
152nd
Paying taxes: Profit tax over time
- Iceland
- Montenegro
How they compare
Iceland currently reports 8.5% against 8.3% in Montenegro, a difference of 0.2%.
The two have swapped places 1 time across 14 shared years of data; in 2006 it was Montenegro ahead.
Iceland ranks 149th and Montenegro ranks 152nd of 190 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Montenegro in 1.
Head to head by decade
| Decade | Iceland | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.3% | 9.1% | 0.8% | Montenegro |
| 2010s | 8.5% | 8.2% | 0.3% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Iceland or Montenegro?
- Iceland, at 8.5% against 8.3% in Montenegro as of 2019.
- What is the difference in paying taxes: profit tax between Iceland and Montenegro?
- 0.2%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Montenegro?
- 14 years are reported by both, from 2006 to 2019.
- How do Iceland and Montenegro rank globally for paying taxes: profit tax?
- Iceland ranks 149th and Montenegro ranks 152nd of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.