IT · Europe ↔ LU · Europe

Italy vs Luxembourg: tax rates compared

Italy's income tax rate is 1.4pp higher than Luxembourg's (47.2% vs 45.8%). 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%IT 47.2%LU 45.8%
Income Tax, side by side
CountryRateSource
Italy47.2%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+1.4 ppItaly higher

Corporate Tax

0102030405060World avg 22.6%IT 27.8%LU 23.9%
Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Luxembourg23.9%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3.9 ppItaly higher

Italy's corporate tax rate is 3.9pp higher than Luxembourg's (27.8% vs 23.9%). The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%IT 22%LU 17%
VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Difference+5 ppItaly higherlargest gap on this page

Italy's VAT rate is 5pp higher than Luxembourg's (22% vs 17%). The 37-country average is 19.5%: Italy sits above it, Luxembourg sits below it.

Wealth Tax

0102030405060World avg 0.1%IT 0%LU 0%
Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Difference0 ppdisplayed rates match

Italy's wealth tax rate is identical to Luxembourg'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 Luxembourg's 2026-01-13, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.