IT · Europe ↔ ES · Europe

Italy vs Spain: tax rates compared

Between the two, Spain's income tax rate (48.6%) tops Italy's (47.2%) by 1.4pp. The 37-country average is 43.2%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%IT 47.2%ES 48.6%
Income Tax, side by side
CountryRateSource
Italy47.2%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Spain48.6%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−1.4 ppSpain higher

Corporate Tax

0102030405060World avg 22.6%IT 27.8%ES 25%
Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Spain25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2.8 ppItaly higher

Between the two, Italy's corporate tax rate (27.8%) tops Spain's (25%) by 2.8pp. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.5%IT 22%ES 21%
VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
Difference+1 ppItaly higher

Between the two, Italy's VAT rate (22%) tops Spain's (21%) by 1pp. The 37-country average is 19.5%: both sit above it. Italy's figure is dated 2026-07-13 and Spain's 2025-12-31, so the two rates come from different data vintages.

Wealth Tax

0102030405060World avg 0.1%IT 0%ES 3.5%
Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
Difference−3.5 ppSpain higherlargest gap on this page

Between the two, Spain's wealth tax rate (3.5%) tops Italy's (0%) by 3.5pp. The 193-country average is 0.1%: Italy sits below it, Spain sits above it. Italy's figure is dated 2024-01-01 and Spain's 2025-12-31, so the two rates come from different data vintages.

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