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Denmark vs Italy: tax rates compared

Denmark's income tax rate is 8.7pp higher than Italy's (55.9% vs 47.2%). 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%DK 55.9%IT 47.2%
Income Tax, side by side
CountryRateSource
Denmark55.9%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+8.7 ppDenmark higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%DK 22%IT 27.8%
Corporate Tax, side by side
CountryRateSource
Denmark22%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−5.8 ppItaly higher

Italy's corporate tax rate is 5.8pp higher than Denmark's (27.8% vs 22%). The 201-country average is 22.6%: Denmark sits below it, Italy sits above it.

VAT

0102030405060World avg 19.5%DK 25%IT 22%
VAT, side by side
CountryRateSource
Denmark25%Source: PWC Worldwide Tax Summaries — Denmark (Corporate, Other taxes) · as of 2026-02-25
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Difference+3 ppDenmark higher

Denmark's VAT rate is 3pp higher than Italy's (25% vs 22%). The 37-country average is 19.5%: both sit above it.

Wealth Tax

0102030405060World avg 0.1%DK 0%IT 0%
Wealth Tax, side by side
CountryRateSource
Denmark0%Source: PWC Worldwide Tax Summaries — Denmark (Individual, Other taxes) · as of 2026-06-25
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Difference0 ppdisplayed rates match

Denmark's wealth tax rate is identical to Italy's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Denmark's figure is dated 2026-06-25 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.