AU · OceaniaIT · Europe
Australia vs Italy: tax rates compared
Italy has an income tax rate of 47.2%, 0.2pp above Australia's 47%. The 200-country average is 28%: both sit above it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AU | IT | Difference |
|---|---|---|---|
| Income Tax | 47% | 47.2% | IT +0.2 pp |
| Corporate Tax | 30% | 27.8% | AU +2.2 pp |
| VAT | 10% | 22% | IT +12 pp |
| Capital Gains Tax | 45% | 26% | AU +19 pplargest gap |
| Crypto Tax | 45% | 33% | AU +12 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 47% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −0.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +2.2 pp | Australia higher |
Australia has a corporate tax rate of 30%, 2.2pp above Italy's 27.8%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Australia | 10% | Source: PWC Worldwide Tax Summaries — Australia (Corporate, Other taxes) · as of 2026-06-30 |
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −12 pp | Italy higher |
Italy has a VAT rate of 22%, 12pp above Australia's 10%. The 181-country average is 15%: Australia sits below it, Italy sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 45% | Source: PWC Worldwide Tax Summaries — Australia (Individual, Taxes on personal income) · as of 2026-06-30 |
| Italy | 26% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01 |
| Difference | +19 pp | Australia higher |
Australia has a capital gains tax rate of 45%, 19pp above Italy's 26%. The 175-country average is 10.3%: both sit above it. Australia's figure is dated 2026-06-30 and Italy's 2019-01-01, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 45% | Source: Australian Taxation Office — How to work out and report CGT on crypto · as of 2026-06-22 |
| Italy | 33% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Other taxes) · as of 2026-02-25 |
| Difference | +12 pp | Australia higher |
Australia has a crypto tax rate of 45%, 12pp above Italy's 33%. The 88-country average is 13%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 0% | Source: PWC Worldwide Tax Summaries — Australia (Net wealth/worth tax rates) · as of 2026-06-30 |
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Difference | 0 pp | displayed rates match |
Australia and Italy share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Australia's figure is dated 2026-06-30 and Italy's 2024-01-01, so the two rates come from different data vintages.