Income Tax in ๐ฎ๐น Italy
Tax brackets, effective rates, and net income calculations. Data from official government sources.
The Taxation score of 26/100 is Italy's most significant fiscal consideration, marked by tax revenue at 42.4% of GDP. Individual income is subject to progressive brackets, starting at 23% for earnings up to $28,000, rising to 35% for $28,000-$50,000, and 43% beyond that, alongside a substantial 919.0% in social contributions, indicating a high overall tax burden for both individuals and businesses (corporate tax at 24%, VAT at 22%).
Tax Overview
Top Rate
43.0%
VAT
22%
Capital Gains
26%
Fiscal Year
2025
Income Tax Brackets
Tax at Different Salary Levels
$50,000 USD equivalent
Gross: โฌ45,872
Net: โฌ30,457
Effective: 33.6%
$75,000 USD equivalent
Gross: โฌ68,807
Net: โฌ41,524
Effective: 39.6%
$150,000 USD equivalent
Gross: โฌ137,615
Net: โฌ75,384
Effective: 45.2%
Social Contributions (Employee)
Data last updated: ยท Sources: Official tax brackets and social contributions from Italy fiscal authority. See methodology.