IT · EuropeMK · Europe
Italy vs North Macedonia: tax rates compared
Between the two, Italy's income tax rate (47.2%) tops North Macedonia's (10%) by 37.2pp. The 200-country average is 28%: Italy sits above it, North Macedonia sits below it. Italy's figure is dated 2025-01-01 and North Macedonia's 2023-01-01, 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 | MK | Difference |
|---|---|---|---|
| Income Tax | 47.2% | 10% | IT +37.2 pplargest gap |
| Corporate Tax | 27.8% | 10% | IT +17.8 pp |
| VAT | 22% | 18% | IT +4 pp |
| Capital Gains Tax | 26% | 10% | IT +16 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 |
| North Macedonia | 10% | Source: PWC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2023-01-01 |
| 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 |
| North Macedonia | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +17.8 pp | Italy higher |
Between the two, Italy's corporate tax rate (27.8%) tops North Macedonia's (10%) by 17.8pp. The 201-country average is 22.6%: Italy sits above it, North Macedonia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| North Macedonia | 18% | Source: PWC Worldwide Tax Summaries — North Macedonia (Corporate, Other taxes) · as of 2026-07-23 |
| Difference | +4 pp | Italy higher |
Between the two, Italy's VAT rate (22%) tops North Macedonia's (18%) by 4pp. The 181-country average is 15%: 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 |
| North Macedonia | 10% | Source: PwC Worldwide Tax Summaries — North Macedonia (Individual, Taxes on personal income) · as of 2026-02-08 |
| Difference | +16 pp | Italy higher |
Between the two, Italy's capital gains tax rate (26%) tops North Macedonia's (10%) by 16pp. The 175-country average is 10.3%: Italy sits above it, North Macedonia sits below it. Italy's figure is dated 2019-01-01 and North Macedonia's 2026-02-08, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| North Macedonia | 0% | Source: Ministry of Finance of the Republic of North Macedonia — Taxes and Customs · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Italy and North Macedonia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Italy's figure is dated 2024-01-01 and North Macedonia's 2026-07-18, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.