IT · EuropeSG · Asia
Italy vs Singapore: tax rates compared
Italy's income tax rate is 23.2pp higher than Singapore's (47.2% vs 24%). The 200-country average is 28%: Italy sits above it, Singapore sits below it. Italy's figure is dated 2025-01-01 and Singapore's 2026-04-27, 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 | SG | Difference |
|---|---|---|---|
| Income Tax | 47.2% | 24% | IT +23.2 pp |
| Corporate Tax | 27.8% | 17% | IT +10.8 pp |
| VAT | 22% | 9% | IT +13 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 |
| Singapore | 24% | Source: Inland Revenue Authority of Singapore (IRAS) — Individual Income Tax rates · as of 2026-04-27 |
| Difference | +23.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Singapore | 17% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10.8 pp | Italy higher |
Italy's corporate tax rate is 10.8pp higher than Singapore's (27.8% vs 17%). The 201-country average is 22.6%: Italy sits above it, Singapore sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Singapore | 9% | Source: PWC Worldwide Tax Summaries — Singapore (Corporate, Other taxes) · as of 2026-07-02 |
| Difference | +13 pp | Italy higher |
Italy's VAT rate is 13pp higher than Singapore's (22% vs 9%). The 181-country average is 15%: Italy sits above it, Singapore sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 26% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | +26 pp | Italy higher |
Italy's capital gains tax rate is 26pp higher than Singapore's (26% vs 0%). The 175-country average is 10.3%: Italy sits above it, Singapore sits below it. Italy's figure is dated 2019-01-01 and Singapore's 2026-07-02, 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 |
| Singapore | 0% | Source: IRAS e-Tax Guide — Income Tax Treatment of Digital Tokens · as of 2026-01-30 |
| Difference | +33 pp | Italy higher |
Italy's crypto tax rate is 33pp higher than Singapore's (33% vs 0%). The 88-country average is 13%: Italy sits above it, Singapore sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Singapore | 0% | Source: PWC Worldwide Tax Summaries — Singapore (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Italy's wealth tax rate is identical to Singapore'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 Singapore's 2026-07-02, so the two rates come from different data vintages.