Taxes on Income, Profits and Capital Gains (As % of Revenue) in Italy

Taxes on income, profits and capital gains as a share of revenue reached 31.1 % in 2017 in Italy, according to the National Statistical Office. This is 0.557 % less than in the previous year.

Historically, taxes on income, profits and capital gains as a share of revenue in Italy reached an all time high of 37.5 % in 1986 and an all time low of 16.5 % in 1973. When compared to Italy's main peers, taxes on income, profits and capital gains as a share of revenue in Austria amounted to 27.0 %, 25.9 % in France, 11.5 % in Slovenia and 25.2 % in Switzerland in 2017.

Italy has been ranked 32nd within the group of 104 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue, 8 places behind the position seen 10 years ago.

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realised or not, on land, securities, and other assets.

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