IT · EuropeJP · Asia

Italy vs Japan: tax rates compared

Japan has an income tax rate of 55.9%, 8.7pp above Italy's 47.2%. The 200-country average is 28%: both sit above it.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income47.2%55.9%Corporate27.8%29.7%VAT10%22%Capital Gains20.3%26%Crypto33%55%Wealth Tax0%
six shared taxes, side by side
Tax IT JPDifference
Income Tax47.2%55.9%JP +8.7 pp
Corporate Tax27.8%29.7%JP +1.9 pp
VAT22%10%IT +12 pp
Capital Gains Tax26%20.3%IT +5.7 pp
Crypto Tax33%55%JP +22 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Italy47.2%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Japan55.9%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−8.7 ppJapan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Japan29.7%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−1.9 ppJapan higher

Japan has a corporate tax rate of 29.7%, 1.9pp above Italy's 27.8%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Japan10%Source: PWC Worldwide Tax Summaries — Japan (Corporate, Other taxes) · as of 2026-01-13
Difference+12 ppItaly higher

Italy has a VAT rate of 22%, 12pp above Japan's 10%. The 181-country average is 15%: Italy sits above it, Japan sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Italy26%Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01
Japan20.3%Source: PWC Worldwide Tax Summaries — Japan (Individual, Income determination) · as of 2026-01-13
Difference+5.7 ppItaly higher

Italy has a capital gains tax rate of 26%, 5.7pp above Japan's 20.3%. The 175-country average is 10.3%: both sit above it. Italy's figure is dated 2019-01-01 and Japan's 2026-01-13, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Italy33%Source: PWC Worldwide Tax Summaries — Italy (Individual, Other taxes) · as of 2026-02-25
Japan55%Source: PWC Japan — Japan Tax Update: Overview of 2026 Tax Reform Proposals (December 2025) · as of 2025-12-19
Difference−22 ppJapan higher

Japan has a crypto tax rate of 55%, 22pp above Italy's 33%. The 88-country average is 13%: both sit above it. Italy's figure is dated 2026-02-25 and Japan's 2025-12-19, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Japan0%Source: PWC Worldwide Tax Summaries — Japan (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

Italy and Japan share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Italy's figure is dated 2024-01-01 and Japan's 2026-01-13, so the two rates come from different data vintages.