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Italy vs Ukraine: tax rates compared

Italy has an income tax rate of 47.2%, 29.2pp above Ukraine's 18%. The 200-country average is 28%: Italy sits above it, Ukraine sits below it. Italy's figure is dated 2025-01-01 and Ukraine's 2026-06-30, 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

0102030405060Income18%47.2%Corporate18%27.8%VAT20%22%Capital Gains18%26%Crypto18%33%Wealth Tax0%
six shared taxes, side by side
Tax IT UADifference
Income Tax47.2%18%IT +29.2 pplargest gap
Corporate Tax27.8%18%IT +9.8 pp
VAT22%20%IT +2 pp
Capital Gains Tax26%18%IT +8 pp
Crypto Tax33%18%IT +15 pp
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
Ukraine18%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Taxes on personal income) · as of 2026-06-30
Difference+29.2 ppItaly higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Ukraine18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+9.8 ppItaly higher

Italy has a corporate tax rate of 27.8%, 9.8pp above Ukraine's 18%. The 201-country average is 22.6%: Italy sits above it, Ukraine sits below it.

VAT

VAT, side by side
CountryRateSource
Italy22%Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Ukraine20%Source: PWC Worldwide Tax Summaries — Ukraine (Corporate, Other taxes) · as of 2026-06-30
Difference+2 ppItaly higher

Italy has a VAT rate of 22%, 2pp above Ukraine's 20%. 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
Ukraine18%Source: PWC Worldwide Tax Summaries — Capital gains tax (CGT) rates (quick chart, Ukraine individual row) · as of 2026-06-30
Difference+8 ppItaly higher

Italy has a capital gains tax rate of 26%, 8pp above Ukraine's 18%. The 175-country average is 10.3%: both sit above it. Italy's figure is dated 2019-01-01 and Ukraine's 2026-06-30, so the two rates come from different data vintages.

Crypto Tax

Italy has a crypto tax rate of 33%, 15pp above Ukraine's 18%. The 88-country average is 13%: both sit above it. Italy's figure is dated 2026-02-25 and Ukraine's 2024-07-18, 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
Ukraine0%Source: PWC Worldwide Tax Summaries — Ukraine (Individual, Other taxes) · as of 2026-06-30
Difference0 ppdisplayed rates match

Italy and Ukraine share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Italy's figure is dated 2024-01-01 and Ukraine's 2026-06-30, so the two rates come from different data vintages.