Italy Capital Gains Tax Calculator

The Italy Capital Gains Tax Calculator is designed to allow free online calculations for residents and non-residents who have accrued income from capital gains in Italy.

The calculator allows quick capital gains tax calculations and more detailed capital gains tax calculations with multiple line items so that you can calculate the total tax due on several sources (your own company and other companies in which you have an interest) that accrue capital gains in Italy in 2020. This calculation provides you with two important pieces of financial information, the first is the amount of tax you owe on capital gains received in Italy, the second is the net amount of capital gains received after tax which allows you to view exactly how your business investments in Italy are performing. Once you have calculated the capital gains tax due, you can print the document or email the capital gains tax document to yourself for later reference.

Italy Capital Gains Tax Calculator 2020
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=Capital Gain

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How to calculate Capital Gains Tax in Italy

Italy Capital Gains Tax Calculator. This image shows the Italy flag and information relating to the capital gains tax rate formula used for calculating Capital Gains Tax in Italy using the Italy Capital Gains Tax Calculator in 2020

You can calculate Capital Gains Tax in Italy for companies by multiplying the capital gains acrued by the appropriate capital gains tax rate. We have included the Capital Gains Tax formula for Italy so that you can calculate the capital gains tax manually or update your systems with the relevent capital gains tax rates in Italy. The latest capital gains tax rates in Italy for 2020 are displayed in the table below the Capital Gains Tax formula. For those who prefer to use the Italy Capital Gains Tax Calculator rather than calculate the tax manually, we have included a step-by-step guide to using the calculator for quick Capital Gains Tax calculations and more detailed Capital Gains Tax calculations which allows for multiple saving and investment sources (see the guides under "How to use the Italy Capital Gains Tax Calculator").

Italy Corporation Capital Gains Tax formula

The Capital Gains Tax accrued in Italy for corporations is calculated using the following Capital Gains formula:

Capital Gains Tax = a x (b / 100)

Where:

  • a = The net capital gains earned that is subject to tax in Italy.
  • b = The relevenat rate of capital gains tax in Italy associated with residence.

Capital Gains Tax for individuals is calculated using the tax rates and thresholds based on the Personal Income Tax Tables (PITT).

Note that capital gains tax is calculated on 100% of the capital gain, not the entrie gain achieved.

Capital Gains Tax Rates in Italy

The table below specifies the relevent capital gains tax rates applicable in Italy, these were last updated in line with the published capital gains tax rates in 2020.

Italy Residents Capital Gains Tax Tables in : Capital Gains Tax Rates and Thresholds (Annual)
Capital Gains Tax RateCapital Gains Threshold
23%Income from € to €15,000.00
27%Income from €15,001.00 to €28,000.00
38%Income from €28,001.00 to €55,000.00
41%Income from €55,001.00 to €75,000.00
43%Income from €75,001.00 and above
Italy Non-Residents Capital Gains Tax Tables in :Capital Gains Tax Rates and Thresholds (Annual)
Capital Gains Tax RateCapital Gains Threshold
23%Income from € to €15,000.00
27%Income from €15,001.00 to €28,000.00
38%Income from €28,001.00 to €55,000.00
41%Income from €55,001.00 to €75,000.00
43%Income from €75,001.00 and above

Like Individuals, Companies pay capital gains tax based on net income, capital gains derived from the disposal of shares by resident entities may be exempt up to 95% given they meet certain conditions. Resident companies are typically taxed at a flat rate of 24% whereas gains derived by non-resident companies are taxed at a flat rate of 26%.

How to use the Italy Capital Gains Tax Calculator

You can view the calculator inline or full screen. The inline view displays the calculator surrounded by the normal menus and links to other tools and supporting information. The full screen view removes or the unnecessary information so you can focus solely on using the Italy Capital Gains Calculator. The following step-by-step guides to calculating capital gains tax online with the Italy Capital Gains Tax Calculator covers all the functions within the capital gains tax calculator:

How to complete a Gains Tax Calculation

  1. Select Normal View or Full Screen View.
  2. Select Individual or Company
  3. Select Resident or Non Resident
  4. Enter the Capital Proceeds (Cpaital Gain).
  5. Enter the Associated Expenses.

The Capital Gains Tax Calculator will then automatically calculate the tax due based on the details entered.

More Good Calculators for Italy

If you found this information about Capital Gains in Italy useful and liked our free online Capital Gains calculator for Italy then you will probably find the following calculators and supporting Italy tax tables useful.