IT · EuropeLT · Europe

Italy vs Lithuania: tax rates compared

Italy's income tax rate is 15.2pp higher than Lithuania's (47.2% vs 32%). 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

0102030405060Income32%47.2%Corporate16%27.8%VAT21%22%Capital Gains20%26%Crypto20%33%Wealth Tax0%
six shared taxes, side by side
Tax IT LTDifference
Income Tax47.2%32%IT +15.2 pplargest gap
Corporate Tax27.8%16%IT +11.8 pp
VAT22%21%IT +1 pp
Capital Gains Tax26%20%IT +6 pp
Crypto Tax33%20%IT +13 pp
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
Lithuania32%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+15.2 ppItaly higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Lithuania16%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+11.8 ppItaly higher

Italy's corporate tax rate is 11.8pp higher than Lithuania's (27.8% vs 16%). The 201-country average is 22.6%: Italy sits above it, Lithuania sits below it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Lithuania21%Source: PWC Worldwide Tax Summaries — Lithuania (Corporate, Other taxes) · as of 2026-03-10
Difference+1 ppItaly higher

Italy's VAT rate is 1pp higher than Lithuania's (22% vs 21%). The 181-country average is 15%: both sit above 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
Lithuania20%Source: PWC Worldwide Tax Summaries — Lithuania (Individual, Income determination) · as of 2026-03-10
Difference+6 ppItaly higher

Italy's capital gains tax rate is 6pp higher than Lithuania's (26% vs 20%). The 175-country average is 10.3%: both sit above it. Italy's figure is dated 2019-01-01 and Lithuania's 2026-03-10, 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
Lithuania20%Source: Valstybinė mokesčių inspekcija (VMI) — Kriptovaliutų apskaita ir mokesčiai · as of 2025-09-30
Difference+13 ppItaly higher

Italy's crypto tax rate is 13pp higher than Lithuania's (33% vs 20%). The 88-country average is 13%: both sit above it. Italy's figure is dated 2026-02-25 and Lithuania's 2025-09-30, 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
Lithuania0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-03-10
Difference0 ppdisplayed rates match

Italy's wealth tax rate is identical to Lithuania'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 Lithuania's 2026-03-10, so the two rates come from different data vintages.