IVA – Value Added Tax

IVA (Imposta sul Valore Aggiunto) is applied on the “value added” to Goods and Services in the sense that, by means of a system of reimbursement of charges and deductions, tax is payable on the increase in value of goods or services in different phases of production and trade, until it reaches the final consumer who bears the full cost of the tax.

Tax Rate:

• 22% (ordinary)
• 10% (reduced)
•  4% (reduced for essential goods)
•  0% (non taxable operations)