BT · AsiaIT · Europe
Bhutan vs Italy: tax rates compared
Italy's income tax rate is 17.2pp higher than Bhutan's (47.2% vs 30%). The 200-country average is 28%: both sit above it. Bhutan's figure is dated 2026-07-20 and Italy's 2025-01-01, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BT | IT | Difference |
|---|---|---|---|
| Income Tax | 30% | 47.2% | IT +17.2 pplargest gap |
| Corporate Tax | 25% | 27.8% | IT +2.8 pp |
| VAT | 5% | 22% | IT +17 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bhutan | 30% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance — Personal Income Tax (PIT) · as of 2026-07-20 |
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −17.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bhutan | 25% | 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 | −2.8 pp | Italy higher |
Italy's corporate tax rate is 2.8pp higher than Bhutan's (27.8% vs 25%). The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Bhutan | 5% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Bhutan · as of 2026-01-01 |
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −17 pp | Italy higher |
Italy's VAT rate is 17pp higher than Bhutan's (22% vs 5%). The 181-country average is 15%: Bhutan sits below it, Italy sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bhutan | 0% | Source: Bhutan Department of Revenue and Customs, Ministry of Finance · as of 2026-07-18 |
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Difference | 0 pp | displayed rates match |
Bhutan's wealth tax rate is identical to Italy's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Bhutan's figure is dated 2026-07-18 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.