IT · EuropeTR · Asia

Italy vs Türkiye: tax rates compared

Between the two, Italy's income tax rate (47.2%) tops Türkiye's (40.8%) by 6.4pp. The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income40.8%47.2%Corporate25%27.8%VAT20%22%Capital Gains0%26%Wealth Tax0%
five shared taxes, side by side
Tax IT TRDifference
Income Tax47.2%40.8%IT +6.4 pp
Corporate Tax27.8%25%IT +2.8 pp
VAT22%20%IT +2 pp
Capital Gains Tax26%0%IT +26 pplargest gap
Wealth Tax0%0%match

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
Türkiye40.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+6.4 ppItaly higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Türkiye25%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 Türkiye's (25%) by 2.8pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Türkiye20%Source: PWC Worldwide Tax Summaries — Turkey (Corporate, Other taxes) · as of 2026-03-27
Difference+2 ppItaly higher

Between the two, Italy's VAT rate (22%) tops Türkiye's (20%) by 2pp. The 181-country average is 15%: both sit above 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
Türkiye0%Source: PWC Worldwide Tax Summaries — Turkey (Individual, Income determination) · as of 2026-03-27
Difference+26 ppItaly higher

Between the two, Italy's capital gains tax rate (26%) tops Türkiye's (0%) by 26pp. The 175-country average is 10.3%: Italy sits above it, Türkiye sits below it. Italy's figure is dated 2019-01-01 and Türkiye's 2026-03-27, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
Türkiye0%Source: PWC Worldwide Tax Summaries — Türkiye (Individual, Other taxes) · as of 2026-03-27
Difference0 ppdisplayed rates match

There's no gap here — Italy and Türkiye both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Italy's figure is dated 2024-01-01 and Türkiye's 2026-03-27, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.