Italy Italy

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  • 59.0m people live here
  • Area: 301024km²
a flag on a pole

Tax information in Italy

Standard Corporate Tax Rate
27.90%
27.9% includes 24% standard rate and 3.9% municipal tax.
Individual Income Tax Rate
23.00 - 45.30%
The first €8,500 per year is deductible.
Standard Inheritance Tax Rate
26.00%
Standard VAT Rate
22.00% (10, 4%)
Standard VAT is 22%, with reduced rates of 10% for certain goods and 4% for food and books.

Cost of living in Italy

Cost of Living (Couple)

$2061.96
Approximate cost for a couple including groceries, rent, transportation and lifestyle costs

Cost of Living (Family)

$4023.43
Approximate cost for a family including groceries, rent, transportation, lifestyle costs and parenting fee for one child

Cost of Living (1 Person)

$1392.91
Approximate cost for a single person including groceries, rent, transportation and lifestyle costs

Useful links in Italy

Online Electronics shop
Short Haul Airlines
International Airlines

Popular cities in Italy

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