TaxGlass

AU · Oceania ↔ IT · Europe

Australia vs Italy: tax rates compared

Italy has an income tax rate of 47.2%, 0.2pp above Australia's 47%. The 37-country average is 43.2%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%AU 47%IT 47.2%
Income Tax, side by side
CountryRateSource
Australia47%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Italy47.2%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−0.2 ppItaly higher

Corporate Tax

0102030405060World avg 22.6%AU 30%IT 27.8%
Corporate Tax, side by side
CountryRateSource
Australia30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2.2 ppAustralia 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

0102030405060World avg 19.5%AU 10%IT 22%
VAT, side by side
CountryRateSource
Australia10%Source: PWC Worldwide Tax Summaries — Australia (Corporate, Other taxes) · as of 2026-06-30
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Difference−12 ppItaly higherlargest gap on this page

Italy has a VAT rate of 22%, 12pp above Australia's 10%. The 37-country average is 19.5%: Australia sits below it, Italy sits above it.

Wealth Tax

0102030405060World avg 0.1%AU 0%IT 0%
Wealth Tax, side by side
CountryRateSource
Australia0%Source: PWC Worldwide Tax Summaries — Australia (Net wealth/worth tax rates) · as of 2026-06-30
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Difference0 ppdisplayed 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.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.