Italy vs Serbia: tax rates and take-home pay (2026)

On €88,000 (about RSD 10,317,642) you take home €51,259 in Italy and RSD 7,435,702 in Serbia (about €63,420) — Serbia leaves you 24% more.

You keep more in Italy up to about €35,000, and more in Serbia above that.

Take-home pay at eight salary levels

Take-home pay in Italy and Serbia at eight salary levels
Salary (USD)ItalySerbiaDifference
$25K€18,506RSD 1,849,231Italy +17%
$40K€25,980RSD 2,917,694Italy +4%
$60K€34,054RSD 4,397,104Serbia +10%
$80K€42,432RSD 5,776,562Serbia +16%
$100K€51,259RSD 7,435,702Serbia +24%
$150K€72,282RSD 11,424,408Serbia +35%
$200K€99,582RSD 16,160,747Serbia +38%
$300K€143,262RSD 23,336,199Serbia +39%

Cost of living

Compare the cost of living in Milan and Belgrade

More comparisons

More for Italy

More for Serbia

Frequently asked questions

Is tax higher in Italy or Serbia?

At €88,000, Serbia takes less of your pay: you keep 72% there, against 58% in Italy.

What is the top tax rate in Italy and Serbia?

The top income tax rate is 45.4% in Italy and 23.5% in Serbia.

How much do I take home on €88,000 in each?

On €88,000 (about RSD 10,317,642) you take home €51,259 in Italy and RSD 7,435,702 in Serbia (about €63,420).

2026 rules checked against agenziaentrate.gov.it. Single person, employee, no other income. Not tax advice. Change the details

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