TaxGlass

FI · Europe ↔ IT · Europe

Finland vs Italy: tax rates compared

Finland has an income tax rate of 51.8%, 4.6pp above Italy's 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%FI 51.8%IT 47.2%
Income Tax, side by side
CountryRateSource
Finland51.8%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+4.6 ppFinland higher

Corporate Tax

0102030405060World avg 22.6%FI 20%IT 27.8%
Corporate Tax, side by side
CountryRateSource
Finland20%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−7.8 ppItaly higherlargest gap on this page

Italy has a corporate tax rate of 27.8%, 7.8pp above Finland's 20%. The 201-country average is 22.6%: Finland sits below it, Italy sits above it.

VAT

0102030405060World avg 19.5%FI 25.5%IT 22%
VAT, side by side
CountryRateSource
Finland25.5%Source: Finnish Tax Administration (Vero) — Rates of VAT · as of 2026-01-01
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Difference+3.5 ppFinland higher

Finland has a VAT rate of 25.5%, 3.5pp above Italy's 22%. The 37-country average is 19.5%: both sit above it.

Wealth Tax

0102030405060World avg 0.1%FI 0%IT 0%
Wealth Tax, side by side
CountryRateSource
Finland0%Source: PWC Worldwide Tax Summaries — Finland (Individual, Other taxes) · as of 2026-06-24
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Difference0 ppdisplayed rates match

Finland and Italy share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Finland's figure is dated 2026-06-24 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.