Italy or Portugal: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Italy and Portugal weigh about the same on the taxpayer.

Italy

3.7/10

186th of 217

Tax Italy Portugal Gap
Corporate income tax headline rate 24% 19% +5.0 points
Personal income tax top bracket 23% to 43% 14.5% to 48% −5.0 points
VAT standard rate 22% 23% −1.0 points

Detailed schedules

Corporate income tax

Italy

n/a

Portugal

General regime 18% in 2027, 17% in 2028 19%
SMEs: first €50,000 of profit 15%
See the Italy page See the Portugal page