Italy or South Korea: which taxes less?

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

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

Italy

3.7/10

186th of 217

Tax Italy South Korea Gap
Corporate income tax headline rate 24% 9% to 25% −1.0 points
Personal income tax top bracket 23% to 43% 7.8% to 53.4% −10.4 points
VAT standard rate 22% 10% +12.0 points
See the Italy page See the South Korea page