IT · Europe · EUR
Italy
Tax rates
Income Tax
47.2%
Top rate, progressive scale
Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01Corporate Tax
27.8%
Statutory rate
Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01VAT
22%
Standard rate
Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13Capital Gains Tax
26%
Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2019-01-01Crypto Tax
33%
Wealth Tax
0%
Not levied
Estimate your income tax
Enter a gross annual salary to estimate 2025 national income tax for Italy using verified brackets — total tax, effective and marginal rate, net income, and the per-band breakdown. National income tax only; social contributions and sub-national taxes are excluded unless the notes say otherwise. The full calculator covers every country with verified rates.
The calculator needs JavaScript — every figure stays readable without it. The full bracket schedule is under Brackets & notes below, and the calculator page lists every country's schedule.
Brackets, notes & in practice
Income Tax
| Threshold | Rate |
|---|---|
| EUR 0 | 23% |
| EUR 28,000 | 35% |
| EUR 50,000 | 43% |
IRPEF national scaglioni only, 2025 (confirming the 2024 reform's permanent 3-bracket structure). Excludes addizionale regionale (regional surtax, 0.9–3.33% depending on region) and addizionale comunale (municipal surtax, up to ~0.9%), both of which vary by residence and account for the gap to the stored headline rate (47.23%).
VAT
In practice
- Filing
The annual VAT return must be filed by 30 April of the year following the tax year.
Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13- Exemptions
Specific supplies listed in law are exempt from VAT, including hospital and medical care, education, insurance services, specific financial services, and the supply or leasing of certain immovable property. Intra-Community supplies and exports are exempt under certain conditions, as are transactions with taxable persons who habitually export goods, which retain the right to deduct input VAT.
Source: PWC Worldwide Tax Summaries — Italy (Corporate, Other taxes) · as of 2026-07-13
Capital Gains Tax
Capital gains realized by individuals on both qualified and non-qualified shareholdings are taxed at a flat 26% rate, applied as a final withholding tax on the whole gain. This flat rate, introduced by the 2018 Financial Bill, has applied since 1 January 2019 to both resident and non-resident individuals.
In practice
- Exemptions
Exemptions may apply to capital gains on the sale of real estate, including for real estate owned for more than five years and for real estate used as the taxpayer's principal abode for most of the ownership period.
Source: PWC Worldwide Tax Summaries — Italy (Individual, Income determination) · as of 2026-07-23
Crypto Tax
Gains from the sale of crypto-assets are taxed under a flat substitute tax, raised from 26% to 33% from tax period 2026 by the FY2026 Budget Law; the 26% rate continues to apply to euro-denominated e-money token stablecoins. The FY2025 Budget Law removed a previously available EUR 2,000 annual tax-free threshold. Taxpayers may instead elect to revalue crypto-assets held at the start of a tax period to their value on that date, subject to a flat 14% tax on the resulting step-up.
Wealth Tax
Not modeled as a net wealth tax: Italy levies IVIE (1.06% on foreign-held real estate) and IVAFE (0.2%, 0.4% for blacklisted jurisdictions, on foreign-held financial assets) — narrow levies that apply only to assets held ABROAD by Italian residents, functioning as an offshore-parity charge alongside domestic property tax (IMU) rather than a general tax on total net wealth. Domestic real estate and financial assets are not subject to either tax. Italy has no general net wealth tax.