TIP: Want to use the forums? Register your account here!
Always seek professional advice on taxation issues.
- There is NO wealth or inheritance tax in Italy
- Sales taxes (like VAT) are high on items like petrol, cigarettes and cars
- Many people work unofficially, avoiding income tax. For official workers income tax ranges from 15%-45% depending on earnings.
Taxes on property:
- Purchase registration tax of 3-4% if your main residence, 10% if a second home
- Local property tax 'ICI' - 0.4 to 0.7% of property value
- Capital gains - only payable for the first 5 years
Everyone in Italy must have a tax code number (codice fiscale) - required for almost all paperwork: opening a bank account, signing official contracts (including with utility companies), starting a job, buying or registering a car and so on. Take your passport to the provincial tax office ('ufficio imposte') and your codice fiscale will be issued to you.
Got something to add to this section? Spotted something which should be changed? Please let us know!
Copy and paste the text below to insert the button displayed above on your site. Thanks for your support!
Use of this website signifies your agreement to the Terms of Use/Privacy Policy available here.
DISCLAIMER: Nothing on this web site should be interpreted as legal advice or as a buy, sell, hold or other investment recommendation. Visitors are strongly urged to consult with a qualified legal or financial advisor before making any decisions. Neither Expat Focus nor any person involved with the running of this website can be held responsible for any decisions made by our visitors.
Membership:
Latest: 
New Today: 31
New Yesterday: 21
Overall: 39935
Members: 0
Visitors: 28
Staff: 0
Defend against Malware
