🇮🇹 Italy vs 🇪🇸 Spain

Italy vs Spain: Comparing tax systems, salaries, and cost of living. Italy leads in 6 of 10 categories.

Metric 🇮🇹 Italy 🇪🇸 Spain
Top Income Tax Rate 43.0% 47.0%
Effective Tax Rate ($100K) 42.25% 44.64%
Social Security (Employee) 9.2% 6.4%
Take-Home Pay ($100K gross) $57,746 $55,362
Median Salary $33,000 $27,000
Cost of Living Index 60.0 52.0
GDP per Capita (PPP) $45,000 $42,000
Minimum Wage (USD) $0 $18,000
Corporate Tax Rate 24.0% 25.0%
VAT / Sales Tax 22.0% 21.0%

Verdict

Italy leads in 6 of 10 categories

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These calculations are estimates based on standard deductions and may not reflect your individual tax situation. Tax rates change frequently. Always verify with official government sources or a qualified tax professional.