IT · EuropeFM · Oceania
Italy vs Micronesia: tax rates compared
Italy has an income tax rate of 47.2%, 37.2pp above Micronesia's 10%. The 200-country average is 28%: Italy sits above it, Micronesia sits below it. Italy's figure is dated 2025-01-01 and Micronesia's 2026-07-20, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | IT | FM | Difference |
|---|---|---|---|
| Income Tax | 47.2% | 10% | IT +37.2 pplargest gap |
| Corporate Tax | 27.8% | 30% | FM +2.2 pp |
| Capital Gains Tax | 26% | 0% | IT +26 pp |
| Crypto Tax | 33% | 0% | IT +33 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Micronesia | 10% | Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20 |
| Difference | +37.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Micronesia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2.2 pp | Micronesia higher |
Micronesia has a corporate tax rate of 30%, 2.2pp above Italy's 27.8%. The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 26% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01 |
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · as of 2026-07-19 |
| Difference | +26 pp | Italy higher |
Italy has a capital gains tax rate of 26%, 26pp above Micronesia's 0%. The 175-country average is 10.3%: Italy sits above it, Micronesia sits below it. Italy's figure is dated 2019-01-01 and Micronesia's 2026-07-19, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 33% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Other taxes) · as of 2026-02-25 |
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 · as of 2026-07-19 |
| Difference | +33 pp | Italy higher |
Italy has a crypto tax rate of 33%, 33pp above Micronesia's 0%. The 88-country average is 13%: Italy sits above it, Micronesia sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Micronesia | 0% | Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Italy and Micronesia 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 Micronesia's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: VAT.