The Personal Income Tax Rate in Italy stands at 43 percent. source: Agenzia delle Entrate, Ministero dell'Economia e delle finanze

Personal Income Tax Rate in Italy averaged 44.65 percent from 1995 until 2020, reaching an all time high of 51 percent in 1996 and a record low of 43 percent in 2005. This page provides the latest reported value for - Italy Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Personal Income Tax Rate - values, historical data and charts - was last updated on October of 2021.

Personal Income Tax Rate in Italy is expected to reach 43.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Personal Income Tax Rate is projected to trend around 43.00 percent in 2021, according to our econometric models.

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Italy Personal Income Tax Rate

Italy Last Unit Reference Previous Highest Lowest
Personal Income Tax Rate 43.00 percent Dec/21 43.00 51.00 43.00
Corporate Tax Rate 24.00 percent Dec/21 24.00 53.20 24.00
Sales Tax Rate 22.00 percent Dec/21 22.00 22.00 20.00

Italy Personal Income Tax Rate
In Italy, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Italy.