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Italy vs Thailand: tax rates compared
Italy's income tax rate is 12.2pp higher than Thailand's (47.2% vs 35%). The 200-country average is 28%: both sit above it. Italy's figure is dated 2025-01-01 and Thailand's 2026-02-02, 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 | TH | Difference |
|---|---|---|---|
| Income Tax | 47.2% | 35% | IT +12.2 pp |
| Corporate Tax | 27.8% | 20% | IT +7.8 pp |
| VAT | 22% | 7% | IT +15 pp |
| Capital Gains Tax | 26% | 0% | IT +26 pplargest gap |
| Crypto Tax | 33% | 15% | IT +18 pp |
| 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 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | +12.2 pp | Italy higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 27.8% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +7.8 pp | Italy higher |
Italy's corporate tax rate is 7.8pp higher than Thailand's (27.8% vs 20%). The 201-country average is 22.6%: Italy sits above it, Thailand sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Italy | 22% | Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13 |
| Thailand | 7% | Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02 |
| Difference | +15 pp | Italy higher |
Italy's VAT rate is 15pp higher than Thailand's (22% vs 7%). The 181-country average is 15%: Italy sits above it, Thailand 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 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | +26 pp | Italy higher |
Italy's capital gains tax rate is 26pp higher than Thailand's (26% vs 0%). The 175-country average is 10.3%: Italy sits above it, Thailand sits below it. Italy's figure is dated 2019-01-01 and Thailand's 2026-02-02, 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 |
| Thailand | 15% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | +18 pp | Italy higher |
Italy's crypto tax rate is 18pp higher than Thailand's (33% vs 15%). The 88-country average is 13%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Italy | 0% | Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
Italy's wealth tax rate is identical to Thailand'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 Thailand's 2026-02-02, so the two rates come from different data vintages.