IT · EuropeCH · Europe

Italy vs Switzerland: tax rates compared

Italy has an income tax rate of 47.2%, 5.8pp above Switzerland's 41.4%. 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

0102030405060Income41.4%47.2%Corporate19.6%27.8%VAT8.1%22%Capital Gains0%26%Crypto0%33%Wealth Tax0%0.9%
six shared taxes, side by side
Tax IT CHDifference
Income Tax47.2%41.4%IT +5.8 pp
Corporate Tax27.8%19.6%IT +8.2 pp
VAT22%8.1%IT +13.9 pp
Capital Gains Tax26%0%IT +26 pp
Crypto Tax33%0%IT +33 pplargest gap
Wealth Tax0%0.9%CH +0.9 pp

Income Tax

Income Tax, side by side
CountryRateSource
Italy47.2%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Switzerland41.4%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+5.8 ppItaly higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Switzerland19.6%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+8.2 ppItaly higher

Italy has a corporate tax rate of 27.8%, 8.2pp above Switzerland's 19.6%. The 201-country average is 22.6%: Italy sits above it, Switzerland sits below it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Switzerland8.1%Source: PWC Worldwide Tax Summaries — Switzerland (Corporate, Other taxes) · as of 2026-07-01
Difference+13.9 ppItaly higher

Italy has a VAT rate of 22%, 13.9pp above Switzerland's 8.1%. The 181-country average is 15%: Italy sits above it, Switzerland sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Italy26%Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01
Switzerland0%Source: PWC Worldwide Tax Summaries — Switzerland (Individual, Income determination) · as of 2026-07-01
Difference+26 ppItaly higher

Italy has a capital gains tax rate of 26%, 26pp above Switzerland's 0%. The 175-country average is 10.3%: Italy sits above it, Switzerland sits below it. Italy's figure is dated 2019-01-01 and Switzerland's 2026-07-01, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Italy33%Source: PWC Worldwide Tax Summaries — Italy (Individual, Other taxes) · as of 2026-02-25
Switzerland0%Source: Swiss Federal Tax Administration (ESTV) — Kryptowährungen: Besteuerung · as of 2026-07-06
Difference+33 ppItaly higher

Italy has a crypto tax rate of 33%, 33pp above Switzerland's 0%. The 88-country average is 13%: Italy sits above it, Switzerland sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Switzerland0.9%Source: République et Canton de Genève, Administration fiscale cantonale — Barèmes 2025 pour les impôts sur le revenu et la fortune · as of 2025-01-01
Difference−0.9 ppSwitzerland higher

Switzerland has a wealth tax rate of 0.9%, 0.9pp above Italy's 0%. The 193-country average is 0.1%: Italy sits below it, Switzerland sits above it. Italy's figure is dated 2024-01-01 and Switzerland's 2025-01-01, so the two rates come from different data vintages.