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Singapore vs Italy
Tax Rate Comparison

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

🇸🇬 Singapore
vs
🇮🇹 Italy
Tax Year:

💰 Personal Income Tax Calculator

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

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–24%
Stable; top bracket review under consideration
No change
23–43%
3-bracket IRPEF reform targeting completion
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
9%
No further GST increases planned
No change
4–22%
Digital economy VAT rules tightening
No change

Corporate Tax Rate

Corporate Tax Rate
17%
Global Minimum Tax compliance ongoing
No change
24%
Investment incentive rate (20%) extended
No change

Capital Gains Tax

Capital Gains Tax
0%
No capital gains tax
No change
26%
Flat 26% maintained
No change

Social Security & Payroll

Social Security / Payroll
37%
CPF adequacy review; contribution rates stable
No change
~40%
Pension reform adjustments continuing
No change
State, Regional & Local Taxes

🇸🇬 SingaporeCity-State — No Sub-National Variation

As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0–32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.

🇮🇹 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.

Singapore vs Italy: Key Tax Differences (2026)

💰 Income Tax: 🇮🇹 Italy has a higher top income tax rate (0–24% vs 23–43%). 🇸🇬 Singapore is more favourable for high earners.

🛒 VAT/Sales Tax: Italy has a higher consumption tax (9% vs 4–22%).

🏢 Corporate Tax: 🇸🇬 Singapore offers a lower corporate rate (17% vs 24%), which can influence business location decisions.

📈 Capital Gains: 🇸🇬 Singapore taxes investment gains at a lower rate (0% vs 26%), benefiting investors.

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