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Israel vs Italy: tax rates compared

Israel's income tax rate is 2.8pp higher than Italy's (50% 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%IL 50%IT 47.2%
Income Tax, side by side
CountryRateSource
Israel50%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+2.8 ppIsrael higher

Corporate Tax

0102030405060World avg 22.6%IL 23%IT 27.8%
Corporate Tax, side by side
CountryRateSource
Israel23%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−4.8 ppItaly higherlargest gap on this page

Italy's corporate tax rate is 4.8pp higher than Israel's (27.8% vs 23%). The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%IL 18%IT 22%
VAT, side by side
CountryRateSource
Israel18%Source: PWC Worldwide Tax Summaries — Israel (Corporate, Other taxes) · as of 2026-06-29
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Difference−4 ppItaly higher

Italy's VAT rate is 4pp higher than Israel's (22% vs 18%). The 37-country average is 19.5%: Israel sits below it, Italy sits above it.

Wealth Tax

0102030405060World avg 0.1%IL 0%IT 0%
Wealth Tax, side by side
CountryRateSource
Israel0%Source: PWC Worldwide Tax Summaries — Israel (Individual, Other taxes) · as of 2026-06-29
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Difference0 ppdisplayed rates match

Israel's wealth tax rate is identical to Italy's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Israel's figure is dated 2026-06-29 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.