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Italy vs Saint Vincent and the Grenadines: tax rates compared
Italy has an income tax rate of 47.2%, 19.2pp above Saint Vincent and the Grenadines's 28%. The 200-country average is 28%: Italy sits above it, Saint Vincent and the Grenadines matches the world average. Italy's figure is dated 2025-01-01 and Saint Vincent and the Grenadines's 2024-01-01, so the two rates come from different data vintages.
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 | VC | Difference |
|---|---|---|---|
| Income Tax | 47.2% | 28% | IT +19.2 pp |
| Corporate Tax | 27.8% | 28% | VC +0.2 pp |
| VAT | 22% | 16% | IT +6 pp |
| Capital Gains Tax | 26% | 0% | IT +26 pp |
| Crypto Tax | 33% | 0% | IT +33 pplargest gap |
| 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 |
| Saint Vincent and the Grenadines | 28% | Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01 |
| Difference | +19.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Saint Vincent and the Grenadines | 28% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −0.2 pp | Saint Vincent and the Grenadines higher |
Saint Vincent and the Grenadines has a corporate tax rate of 28%, 0.2pp 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 |
| Saint Vincent and the Grenadines | 16% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01 |
| Difference | +6 pp | Italy higher |
Italy has a VAT rate of 22%, 6pp above Saint Vincent and the Grenadines's 16%. 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 |
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Difference | +26 pp | Italy higher |
Italy has a capital gains tax rate of 26%, 26pp above Saint Vincent and the Grenadines's 0%. The 175-country average is 10.3%: Italy sits above it, Saint Vincent and the Grenadines sits below it. Italy's figure is dated 2019-01-01 and Saint Vincent and the Grenadines'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 |
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · as of 2026-07-19 |
| Difference | +33 pp | Italy higher |
Italy has a crypto tax rate of 33%, 33pp above Saint Vincent and the Grenadines's 0%. The 88-country average is 13%: Italy sits above it, Saint Vincent and the Grenadines sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Saint Vincent and the Grenadines | 0% | Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · as of 2026-07-18 |
| Difference | 0 pp | displayed rates match |
Italy and Saint Vincent and the Grenadines 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 Saint Vincent and the Grenadines's 2026-07-18, so the two rates come from different data vintages.