IT · EuropeES · 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 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 | ES | Difference |
|---|---|---|---|
| Income Tax | 47.2% | 48.6% | ES +1.4 pp |
| Corporate Tax | 27.8% | 25% | IT +2.8 pp |
| VAT | 22% | 21% | IT +1 pp |
| Capital Gains Tax | 26% | 30% | ES +4 pplargest gap |
| Crypto Tax | 33% | 30% | IT +3 pp |
| Wealth Tax | 0% | 3.5% | ES +3.5 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 47.2% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Spain | 48.6% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −1.4 pp | Spain higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Spain | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +2.8 pp | Italy 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
| Country | Rate | Source |
|---|---|---|
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Spain | 21% | Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31 |
| Difference | +1 pp | Italy higher |
Between the two, Italy's VAT rate (22%) tops Spain's (21%) by 1pp. The 181-country average is 15%: 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.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 26% | Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01 |
| Spain | 30% | Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31 |
| Difference | −4 pp | Spain higher |
Between the two, Spain's capital gains tax rate (30%) tops Italy's (26%) by 4pp. The 175-country average is 10.3%: both sit above it. Italy's figure is dated 2019-01-01 and Spain's 2025-12-31, 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 |
| Spain | 30% | Source: Agencia Tributaria — Manual Práctico Renta 2025, Compra y venta de monedas virtuales: tributación en el IRPF del inversor · as of 2025-01-01 |
| Difference | +3 pp | Italy higher |
Between the two, Italy's crypto tax rate (33%) tops Spain's (30%) by 3pp. The 88-country average is 13%: both sit above it. Italy's figure is dated 2026-02-25 and Spain's 2025-01-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Spain | 3.5% | Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31 |
| Difference | −3.5 pp | Spain higher |
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.