{"id":892,"date":"2021-01-21T11:39:48","date_gmt":"2021-01-21T10:39:48","guid":{"rendered":"https:\/\/pegasoadv.cloud\/betaoci\/?page_id=892"},"modified":"2021-01-21T14:04:22","modified_gmt":"2021-01-21T13:04:22","slug":"taxation-in-italy","status":"publish","type":"page","link":"https:\/\/www.opencompanyitaly.com\/en\/taxation-in-italy\/","title":{"rendered":"Taxation in Italy"},"content":{"rendered":"<section class=\"l-section wpb_row us_custom_887a049b height_medium\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column us_custom_536420f4\"><div class=\"wpb_wrapper\"><h4><strong><em>IRES &#8211; Corporate Income Tax<\/em><\/strong><\/h4>\n<div class=\"testodescrittivo\">\n<p>All income produced by companies and institutions is subject to\u00a0<em><strong>corporate income tax<\/strong><\/em>\u00a0known as\u00a0<em><strong>IRES<\/strong><\/em>\u00a0(Imposta sui Redditi delle Societ\u00e0). The\u00a0<strong><em>Tax<\/em> <em>Rate has recently Decreased<\/em><\/strong>\u00a0from 27,5% to\u00a0<em><strong>24%<\/strong><\/em>, for this reason this is a great moment to invest in Italy.<\/p>\n<p><em><strong>Tax Rate: 24%<\/strong><\/em><\/p>\n<\/div>\n<\/div><\/div><div class=\"wpb_text_column us_custom_536420f4\"><div class=\"wpb_wrapper\"><h4><strong><em>IRPEF &#8211; Personal Income Tax<\/em><\/strong><\/h4>\n<p>IRPEF (Imposta sul Reddito delle Persone Finische) is a personal and progressive tax. The requirement for this tax is the possession of income, in cash or in kind, falling into one of the categories stipulated by law. The tax period corresponds to the calendar year.<\/p>\n<p><strong><em>Tax Rate<\/em>:\u00a0<\/strong>from\u00a0<strong><em>23%<\/em>\u00a0<\/strong>to\u00a0<em><strong>43%<\/strong><\/em><\/p>\n<\/div><\/div><div class=\"wpb_text_column us_custom_536420f4\"><div class=\"wpb_wrapper\"><h4><strong><em>IRAP &#8211; Regional Tax on Production Activities<\/em><\/strong><\/h4>\n<p>IRAP (Imposta Regionale sulle Attivit\u00e0 Produttive) is a Local Tax collected by the Region where the production activities liable for tax are conducted. If taxpayers perform their activities in establishments and offices situated on the territory of several regions, the distribution of the taxable income, and, therefore, of IRAP, is made in proportion to the cost of the employees working in the various regional establishments and offices.<\/p>\n<p><em><strong>Tax Rate:<\/strong><\/em>\u00a0The<em>\u00a0<strong>general Rate\u00a0<\/strong><\/em>is<em>\u00a0<strong>3,90%<\/strong><\/em>, in some region may be higher.<\/p>\n<\/div><\/div><div class=\"wpb_text_column us_custom_536420f4\"><div class=\"wpb_wrapper\"><h4><em><strong>IVA &#8211; Value Added Tax<\/strong><\/em><\/h4>\n<p>IVA (Imposta sul Valore Aggiunto) is applied on the \u201cvalue added\u201d 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.<\/p>\n<p><em><strong>Tax Rate: 22%\u00a0<\/strong><\/em>(ordinary)<\/p>\n<p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0 <em>10%<\/em>\u00a0<\/strong>(reduced)<\/p>\n<p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<em> 4%<\/em>\u00a0<\/strong>(reduced for essential goods)<\/p>\n<p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <em>0%<\/em>\u00a0<\/strong>(non taxable operations)<\/p>\n<\/div><\/div><div class=\"wpb_text_column us_custom_536420f4\"><div class=\"wpb_wrapper\"><h4><em><strong>IMU Imposta Municipal Tax on Property<\/strong><\/em><\/h4>\n<p>IMU (Imposta Municipale Unica) is the municipal tax charged on the possession of buildings, buildable areas and agricultural lands situated within the Italian territory, intended for any use, including property used in performing company activities.<\/p>\n<p><em><strong>Tax Rate: 0,76%<\/strong><\/em>\u00a0(with a range between 0,46% and 1,06% depends on the municipality)<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"IRES &#8211; Corporate Income Tax All income produced by companies and institutions is subject to\u00a0corporate income tax\u00a0known as\u00a0IRES\u00a0(Imposta sui Redditi delle Societ\u00e0). The\u00a0Tax Rate has recently Decreased\u00a0from 27,5% to\u00a024%, for this reason this is a great moment to invest in Italy. Tax Rate: 24% IRPEF &#8211; Personal Income Tax IRPEF (Imposta sul Reddito delle Persone...","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/892"}],"collection":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/comments?post=892"}],"version-history":[{"count":3,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/892\/revisions"}],"predecessor-version":[{"id":993,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/892\/revisions\/993"}],"wp:attachment":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/media?parent=892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}