The Corporate Tax Rate in Italy stands at 24 percent. Corporate Tax Rate in Italy averaged 39.98 percent from 1981 until 2019, reaching an all time high of 53.20 percent in 1994 and a record low of 24 percent in 2017. source: Agenzia delle Entrate, Ministero dell'Economia e delle finanze

Corporate Tax Rate in Italy is expected to be 24.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Corporate Tax Rate is projected to trend around 24.00 percent in 2020, according to our econometric models.

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Italy Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.00 24.00 53.20 24.00 1981 - 2019 percent Yearly


Italy Corporate Tax Rate
In Italy, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Italy.

Italy Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.00 24.00 53.20 24.00 percent [+]
Personal Income Tax Rate 43.00 43.00 51.00 43.00 percent [+]
Sales Tax Rate 22.00 22.00 22.00 20.00 percent [+]
Social Security Rate 39.49 39.49 45.90 39.49 percent [+]
Social Security Rate For Companies 30.00 30.00 45.90 30.00 percent [+]
Social Security Rate For Employees 9.49 9.49 10.49 9.49 percent [+]