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Hungary vs Italy: tax rates compared

Between the two, Italy's income tax rate (47.2%) tops Hungary's (15%) by 32.2pp. The 37-country average is 43.2%: Hungary 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.

Income Tax

0102030405060World avg 43.2%HU 15%IT 47.2%
Income Tax, side by side
CountryRateSource
Hungary15%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−32.2 ppItaly higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%HU 9%IT 27.8%
Corporate Tax, side by side
CountryRateSource
Hungary9%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−18.8 ppItaly higher

Between the two, Italy's corporate tax rate (27.8%) tops Hungary's (9%) by 18.8pp. The 201-country average is 22.6%: Hungary sits below it, Italy sits above it.

VAT

0102030405060World avg 19.5%HU 27%IT 22%
VAT, side by side
CountryRateSource
Hungary27%Source: PWC Worldwide Tax Summaries — Hungary (Corporate, Other taxes) · as of 2025-12-31
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Difference+5 ppHungary higher

Between the two, Hungary's VAT rate (27%) tops Italy's (22%) by 5pp. The 37-country average is 19.5%: both sit above it. Hungary's figure is dated 2025-12-31 and Italy's 2026-07-13, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%HU 0%IT 0%
Wealth Tax, side by side
CountryRateSource
Hungary0%Source: PWC Worldwide Tax Summaries — Hungary (Individual, Other taxes) · as of 2025-12-31
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Difference0 ppdisplayed rates match

There's no gap here — Hungary and Italy both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Hungary's figure is dated 2025-12-31 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.