Taxable income | Tax rate
Up to EUR 15,000 | 23%
EUR 15.001 to EUR 28,000 | 27%
EUR 28.001 to EUR 55,000 | 38 %
EUR 55,001 to EUR 75,000 | 41 %
From EUR 75.001 | 43 %
Type of Violation | Penalty
Non- or incomplete payment of the tax due | additional payment of 30% of the correct tax
Taking possession (purchase) of a property without notifying the tax office | surcharge of 100% to 200% of the tax, but at least EUR 50
Incorrect or incomplete information in the tax return | additional payment of at least 50%, but maximum 100%, of the applicable tax
Lack of feedback/non-response to questionnaires or requests from authorities | fine from EUR 100 to EUR 500
... or in English: “The tax, please”. Whereby we simply think of the “please” at this point, because even if Italy makes you envious due to its weather and culinary experiences, we find the terms “please” and “thank you” also on the local tax assessments (accertamenti fiscale) rather rarely. But also in other places the tax law in Italy contains different parallels to the local, but also has some differences.
In principle, all residents of Italy are taxable with their entire world income. A natural person shall be deemed to be resident if he/she resides in the territory of Italy for at least 183 days per year. If this limit is exceeded, there is only a limited tax liability – and this includes income generated in Italy itself. A distinction is made between the following types of income:
This article does not replace tax or legal advice in an individual case. Facts, current law, jurisdiction, documentation and implementation remain decisive.