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🇮🇹 Italy

Taxes

Italy has relatively high taxes with progressive income rates from 23-43%. Special regimes exist: €300,000 flat tax for high-net-worth new residents, 7% flat tax for pensioners in southern Italy, and the impatriate regime offering 50-70% income exemptions for returning Italians and new arrivals.

Taxes in Italy

Italy's tax system is complex with high rates but also attractive incentive programs for new residents. Understanding your options can significantly impact your financial situation.

Tax Residency

You become an Italian tax resident if:

  • Registered in the Registry of Resident Population (Anagrafe) for 183+ days/year, OR
  • Have habitual abode (domicile) in Italy for 183+ days, OR
  • Have center of vital interests in Italy

Tax residents pay tax on worldwide income.

Non-residents pay tax only on Italian-source income.

Standard Tax Rates (IRPEF) 2026

Income BracketRate
Up to €28,00023%
€28,001-€50,00035%
Over €50,00043%

Additional taxes:

  • Regional tax: 0.7-3.3%
  • Municipal tax: 0-0.9%
  • Social contributions: ~33% (split employer/employee)

Effective rate for employees is significantly higher when including social contributions.

Special Tax Regimes

€300,000 Flat Tax (2026)

  • For new residents (9 years abroad in past 10)
  • €300,000/year on ALL foreign income (up from €200,000)
  • €50,000 per family member (up from €25,000)
  • Valid for 15 years
  • Italian income taxed normally
  • Best for: High-net-worth individuals with significant foreign income

7% Flat Tax for Pensioners

  • Relocate to southern Italy (municipalities under 20,000 population)
  • 7% flat tax on all foreign income for 10 years
  • Regions: Sicily, Calabria, Sardinia, Campania, Basilicata, Abruzzo, Molise, Puglia
  • Must not have been Italian tax resident for 5 years prior
  • Best for: Retirees with foreign pensions

Impatriate Regime (Regime Impatriati)

  • For workers moving to Italy (not resident in Italy for 2-3 years prior)
  • 50-70% income exemption (only 30-50% taxable)
  • Duration: 5 years, extendable
  • Must maintain residency for 2 years after regime ends
  • Best for: Skilled workers, executives, returning Italians

Digital Nomad Visa Tax Treatment

Digital nomad visa holders:

  • May not be tax resident initially (depending on days present)
  • Once tax resident, Italian income rules apply
  • Foreign-source income from remote work situation is complex
  • Professional tax advice essential

Key Tax Deadlines

FilingDeadline
Tax return (Modello Redditi)Nov 30
Balance paymentJun 30
First advance paymentJun 30
Second advance paymentNov 30
Electronic invoicingImmediate

Double Taxation Treaties

Italy has tax treaties with 90+ countries including:

  • United States
  • United Kingdom
  • Canada
  • Australia
  • Most EU countries

These prevent double taxation but require proper claims.

VAT (IVA)

Standard rate: 22%

Reduced rates: 10% (tourism, some food), 5% (some essentials), 4% (basic necessities)

Getting Help

Commercialista: Italian tax accountant, essential for most expats

  • Costs €300-1,500/year for personal taxes
  • Handles filings, VAT, business taxes

CAF (Centro di Assistenza Fiscale): Free/low-cost tax assistance centers

  • Good for simple situations
  • May have English-speaking staff in cities

Pro Tips

  • Consult a commercialista before moving - tax planning matters
  • The 7% pensioner regime requires relocating to southern municipalities
  • Impatriate regime can cut taxable income by 50-70%
  • Count your days carefully - 183 days triggers residency
  • Keep records of foreign income and taxes paid for treaty claims

Have questions about taxes in Italy?