GR · EuropeIT · Europe
Greece vs Italy: tax rates compared
Italy has an income tax rate of 47.2%, 3.2pp above Greece's 44%. The 200-country average is 28%: both sit above it.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | GR | IT | Difference |
|---|---|---|---|
| Income Tax | 44% | 47.2% | IT +3.2 pp |
| Corporate Tax | 22% | 27.8% | IT +5.8 pp |
| VAT | 24% | 22% | GR +2 pp |
| Capital Gains Tax | 0% | 26% | IT +26 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 44% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −3.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 22% | 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 | −5.8 pp | Italy higher |
Italy has a corporate tax rate of 27.8%, 5.8pp above Greece's 22%. The 201-country average is 22.6%: Greece sits below it, Italy sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Greece | 24% | Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16 |
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Difference | +2 pp | Greece higher |
Greece has a VAT rate of 24%, 2pp above Italy's 22%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Greece (Individual, Income determination) · as of 2026-02-16 |
| Italy | 26% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01 |
| Difference | −26 pp | Italy higher |
Italy has a capital gains tax rate of 26%, 26pp above Greece's 0%. The 175-country average is 10.3%: Greece sits below it, Italy sits above it. Greece's figure is dated 2026-02-16 and Italy's 2019-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Greece | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16 |
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Difference | 0 pp | displayed rates match |
Greece and Italy share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Greece's figure is dated 2026-02-16 and Italy's 2024-01-01, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.