IT · EuropePS · Asia

Italy vs Palestine: tax rates compared

Italy has an income tax rate of 47.2%, 32.2pp above Palestine's 15%. The 200-country average is 28%: Italy sits above it, Palestine sits below it. Italy's figure is dated 2025-01-01 and Palestine's 2026-02-09, 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%VAT16%22%Wealth Tax0%
four shared taxes, side by side
Tax IT PSDifference
Income Tax47.2%15%IT +32.2 pplargest gap
Corporate Tax27.8%15%IT +12.8 pp
VAT22%16%IT +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
Palestine15%Source: PWC Worldwide Tax Summaries — Palestinian territories (Individual, Taxes on personal income) · as of 2026-02-09
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
Palestine15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+12.8 ppItaly higher

Italy has a corporate tax rate of 27.8%, 12.8pp above Palestine's 15%. The 201-country average is 22.6%: Italy sits above it, Palestine sits below it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Palestine16%Source: PWC Worldwide Tax Summaries — Palestinian territories (Corporate, Other taxes) · as of 2026-02-09
Difference+6 ppItaly higher

Italy has a VAT rate of 22%, 6pp above Palestine's 16%. The 181-country average is 15%: 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
Palestine0%Source: PWC Worldwide Tax Summaries — Palestinian Territories (Individual, Other taxes) · as of 2026-02-09
Difference0 ppdisplayed rates match

Italy and Palestine 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 Palestine's 2026-02-09, so the two rates come from different data vintages.

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