IT · EuropePT · Europe
Italy vs Portugal: tax rates compared
Portugal has an income tax rate of 53%, 5.8pp above Italy's 47.2%. 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
| Tax | IT | PT | Difference |
|---|---|---|---|
| Income Tax | 47.2% | 53% | PT +5.8 pplargest gap |
| Corporate Tax | 27.8% | 30.5% | PT +2.7 pp |
| VAT | 22% | 23% | PT +1 pp |
| Capital Gains Tax | 26% | 28% | PT +2 pp |
| Crypto Tax | 33% | 28% | IT +5 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 |
| Portugal | 53% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −5.8 pp | Portugal higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Portugal | 30.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −2.7 pp | Portugal higher |
Portugal has a corporate tax rate of 30.5%, 2.7pp above Italy's 27.8%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Portugal | 23% | Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24 |
| Difference | −1 pp | Portugal higher |
Portugal has a VAT rate of 23%, 1pp above Italy's 22%. 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 |
| Portugal | 28% | Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24 |
| Difference | −2 pp | Portugal higher |
Portugal has a capital gains tax rate of 28%, 2pp above Italy's 26%. The 175-country average is 10.3%: both sit above it. Italy's figure is dated 2019-01-01 and Portugal's 2026-07-24, 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 |
| Portugal | 28% | Source: Autoridade Tributária e Aduaneira — Criptoativos: Conceito fiscal e tributação · as of 2026-06-25 |
| Difference | +5 pp | Italy higher |
Italy has a crypto tax rate of 33%, 5pp above Portugal's 28%. The 88-country average is 13%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Portugal | 0% | Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05 |
| Difference | 0 pp | displayed rates match |
Italy and Portugal 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 Portugal's 2026-01-05, so the two rates come from different data vintages.