IT · EuropeJE · Europe

Italy vs Jersey: tax rates compared

Italy's income tax rate is 27.2pp higher than Jersey's (47.2% vs 20%). The 200-country average is 28%: Italy sits above it, Jersey sits below it. Italy's figure is dated 2025-01-01 and Jersey's 2026-02-02, so the two rates come from different data vintages.

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

0102030405060Income20%47.2%Corporate0%27.8%VAT5%22%Capital Gains0%26%Crypto0%33%Wealth Tax0%
six shared taxes, side by side
Tax IT JEDifference
Income Tax47.2%20%IT +27.2 pp
Corporate Tax27.8%0%IT +27.8 pp
VAT22%5%IT +17 pp
Capital Gains Tax26%0%IT +26 pp
Crypto Tax33%0%IT +33 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
Jersey20%Source: PWC Worldwide Tax Summaries — Jersey, Channel Islands (Individual, Taxes on personal income) · as of 2026-02-02
Difference+27.2 ppItaly higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Jersey0%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+27.8 ppItaly higher

Italy's corporate tax rate is 27.8pp higher than Jersey's (27.8% vs 0%). The 201-country average is 22.6%: Italy sits above it, Jersey sits below it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Jersey5%Source: PWC Worldwide Tax Summaries — Jersey (Corporate, Other taxes) · as of 2026-02-02
Difference+17 ppItaly higher

Italy's VAT rate is 17pp higher than Jersey's (22% vs 5%). The 181-country average is 15%: Italy sits above it, Jersey 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
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Income determination) · as of 2026-02-02
Difference+26 ppItaly higher

Italy's capital gains tax rate is 26pp higher than Jersey's (26% vs 0%). The 175-country average is 10.3%: Italy sits above it, Jersey sits below it. Italy's figure is dated 2019-01-01 and Jersey's 2026-02-02, 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
Jersey0%Source: Government of Jersey — Cryptocurrency tax treatment · as of 2026-07-19
Difference+33 ppItaly higher

Italy's crypto tax rate is 33pp higher than Jersey's (33% vs 0%). The 88-country average is 13%: Italy sits above it, Jersey sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Jersey0%Source: PWC Worldwide Tax Summaries — Jersey (Individual, Other taxes) · as of 2026-02-02
Difference0 ppdisplayed rates match

Italy's wealth tax rate is identical to Jersey's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Italy's figure is dated 2024-01-01 and Jersey's 2026-02-02, so the two rates come from different data vintages.