GQ · AfricaIT · Europe
Equatorial Guinea vs Italy: tax rates compared
Italy has an income tax rate of 47.2%, 22.2pp above Equatorial Guinea's 25%. The 200-country average is 28%: Equatorial Guinea sits below it, Italy sits 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.
At a glance
| Tax | GQ | IT | Difference |
|---|---|---|---|
| Income Tax | 25% | 47.2% | IT +22.2 pplargest gap |
| Corporate Tax | 25% | 27.8% | IT +2.8 pp |
| VAT | 15% | 22% | IT +7 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 25% | Source: PwC Worldwide Tax Summaries — Equatorial Guinea, Individual - Taxes on personal income · as of 2025-11-21 |
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −22.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 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 has a corporate tax rate of 27.8%, 2.8pp above Equatorial Guinea's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 15% | Source: PWC Worldwide Tax Summaries — Equatorial Guinea (Corporate, Other taxes) · as of 2025-11-21 |
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | −7 pp | Italy higher |
Italy has a VAT rate of 22%, 7pp above Equatorial Guinea's 15%. The 181-country average is 15%: Equatorial Guinea matches the world average, Italy sits above it. Equatorial Guinea's figure is dated 2025-11-21 and Italy's 2026-07-13, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Equatorial Guinea | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-21 |
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Difference | 0 pp | displayed rates match |
Equatorial Guinea and Italy share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Equatorial Guinea's figure is dated 2025-11-21 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.