IT · EuropeZW · Africa

Italy vs Zimbabwe: tax rates compared

Italy's income tax rate is 7.2pp higher than Zimbabwe's (47.2% vs 40%). 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%47.2%Corporate25.8%27.8%VAT15.5%22%Capital Gains1%26%Wealth Tax0%
five shared taxes, side by side
Tax IT ZWDifference
Income Tax47.2%40%IT +7.2 pp
Corporate Tax27.8%25.8%IT +2 pp
VAT22%15.5%IT +6.5 pp
Capital Gains Tax26%1%IT +25 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
Zimbabwe40%Source: Zimbabwe Revenue Authority (ZIMRA) — PAYE Foreign Currency (USD) Tax Tables, January-December 2025 · as of 2025-01-01
Difference+7.2 ppItaly higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Zimbabwe25.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2 ppItaly higher

Italy's corporate tax rate is 2pp higher than Zimbabwe's (27.8% vs 25.8%). 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
Zimbabwe15.5%Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Zimbabwe · as of 2026-01-01
Difference+6.5 ppItaly higher

Italy's VAT rate is 6.5pp higher than Zimbabwe's (22% vs 15.5%). 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
Zimbabwe1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Zimbabwe · as of 2025-01-01
Difference+25 ppItaly higher

Italy's capital gains tax rate is 25pp higher than Zimbabwe's (26% vs 1%). The 175-country average is 10.3%: Italy sits above it, Zimbabwe sits below it. Italy's figure is dated 2019-01-01 and Zimbabwe's 2025-01-01, 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
Zimbabwe0%Source: ZIMRA (Zimbabwe Revenue Authority) · as of 2026-07-18
Difference0 ppdisplayed rates match

Italy's wealth tax rate is identical to Zimbabwe'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 Zimbabwe's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.