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Maldives vs Italy
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇲🇻 Maldives
vs
🇮🇹 Italy
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–15%
15% top; tourism revenue recovery
No change
23–43%
3-bracket IRPEF reform targeting completion
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
8–16%
T-GST 16% maintained; key revenue source
No change
4–22%
Digital economy VAT rules tightening
No change

Corporate Tax Rate

Corporate Tax Rate
15%
BPT 15% maintained
No change
24%
Investment incentive rate (20%) extended
No change

Capital Gains Tax

Capital Gains Tax
15%
15% via BPT
No change
26%
Flat 26% maintained
No change

Social Security & Payroll

Social Security / Payroll
~14%
Pension reform; sustainability challenge
No change
~40%
Pension reform adjustments continuing
No change
State, Regional & Local Taxes

🇲🇻 MaldivesIsland Council Taxes

The Maldives has 188 inhabited islands across 26 atolls administered by island and atoll councils. Councils have limited taxing powers — primarily fees for services. The Maldives Inland Revenue Authority (MIRA) administers all national taxes. Tourism dominates the economy (>60% of GDP via resort islands). The Business Profit Tax (BPT) at 15% and the Tourism Goods and Services Tax (T-GST at 16%) are major revenue sources. No personal income tax exists for residents earning under certain thresholds.

🇮🇹 ItalyRegional & Municipal Income Taxes

Italy's 20 regions levy addizionale regionale at 0.7%–3.33%. Municipalities add addizionale comunale up to 0.9%. Sicily, Sardinia, and Trentino-Alto Adige have special autonomous status. IRAP (regional business tax) at ~3.9% applies to businesses. Local property tax (IMU) is set by municipalities on investment properties. Cumulative marginal rates can exceed 50%.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Maldives vs Italy: Key Tax Differences (2026)

💰 Income Tax: 🇮🇹 Italy has a higher top income tax rate (0–15% vs 23–43%). 🇲🇻 Maldives is more favourable for high earners.

🛒 VAT/Sales Tax: Italy has a higher consumption tax (8–16% vs 4–22%).

🏢 Corporate Tax: 🇲🇻 Maldives offers a lower corporate rate (15% vs 24%), which can influence business location decisions.

📈 Capital Gains: 🇲🇻 Maldives taxes investment gains at a lower rate (15% vs 26%), benefiting investors.

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