IT · EuropeMV · Asia

Italy vs Maldives: tax rates compared

Italy's income tax rate is 32.2pp higher than Maldives's (47.2% vs 15%). The 200-country average is 28%: Italy sits above it, Maldives sits below it. Italy's figure is dated 2025-01-01 and Maldives's 2020-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income15%47.2%Corporate15%27.8%VAT8%22%Wealth Tax0%
four shared taxes, side by side
Tax IT MVDifference
Income Tax47.2%15%IT +32.2 pplargest gap
Corporate Tax27.8%15%IT +12.8 pp
VAT22%8%IT +14 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
Maldives15%Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01
Difference+32.2 ppItaly higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Maldives15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+12.8 ppItaly higher

Italy's corporate tax rate is 12.8pp higher than Maldives's (27.8% vs 15%). The 201-country average is 22.6%: Italy sits above it, Maldives sits below it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Maldives8%Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01
Difference+14 ppItaly higher

Italy's VAT rate is 14pp higher than Maldives's (22% vs 8%). The 181-country average is 15%: Italy sits above it, Maldives sits below it. Italy's figure is dated 2026-07-13 and Maldives's 2023-01-01, 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
Maldives0%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01
Difference0 ppdisplayed rates match

Italy's wealth tax rate is identical to Maldives'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 Maldives's 2025-10-01, so the two rates come from different data vintages.

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