IT · EuropeNZ · Oceania

Italy vs New Zealand: tax rates compared

Italy's income tax rate is 8.2pp higher than New Zealand's (47.2% vs 39%). 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

0102030405060Income39%47.2%Corporate27.8%28%VAT15%22%Capital Gains0%26%Crypto33%39%Wealth Tax0%
six shared taxes, side by side
Tax IT NZDifference
Income Tax47.2%39%IT +8.2 pp
Corporate Tax27.8%28%NZ +0.2 pp
VAT22%15%IT +7 pp
Capital Gains Tax26%0%IT +26 pplargest gap
Crypto Tax33%39%NZ +6 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
New Zealand39%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+8.2 ppItaly higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
New Zealand28%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−0.2 ppNew Zealand higher

New Zealand's corporate tax rate is 0.2pp higher than Italy's (28% vs 27.8%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
New Zealand15%Source: PWC Worldwide Tax Summaries — New Zealand (Corporate, Other taxes) · as of 2026-07-06
Difference+7 ppItaly higher

Italy's VAT rate is 7pp higher than New Zealand's (22% vs 15%). The 181-country average is 15%: Italy sits above it, New Zealand matches the world average.

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
New Zealand0%Source: PWC Worldwide Tax Summaries — New Zealand (Individual, Income determination) · as of 2026-07-06
Difference+26 ppItaly higher

Italy's capital gains tax rate is 26pp higher than New Zealand's (26% vs 0%). The 175-country average is 10.3%: Italy sits above it, New Zealand sits below it. Italy's figure is dated 2019-01-01 and New Zealand's 2026-07-06, 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
New Zealand39%Source: Inland Revenue (IRD) — "Crypto investors urged to get tax compliant" · as of 2026-04-20
Difference−6 ppNew Zealand higher

New Zealand's crypto tax rate is 6pp higher than Italy's (39% vs 33%). The 88-country average is 13%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
New Zealand0%Source: PWC Worldwide Tax Summaries — New Zealand (Net wealth/worth tax rates) · as of 2026-07-06
Difference0 ppdisplayed rates match

Italy's wealth tax rate is identical to New Zealand'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 New Zealand's 2026-07-06, so the two rates come from different data vintages.