Italian 2026 Finance Law – Key Tax Measures: Reduced Tax Rate for Middle Incomes | Flat-tax/HNWI“new-resident” regime adjustments (for high net-worth individuals) | Incentives / “flat tax” regimes for employment income| Continued incentives for investments and capital goods (businesses) | Tax-collection and “fiscal-relief” measures: debt-collection amortization, freeze for property-transfer taxes | Tax treatment of dividends, capital gains, and financial income | Sectors/Special Taxes: financial intermediaries, “windfall” taxes, bank levy
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VAT Invoice Codes

The table below summarises the main codes and descriptions to be used when issuing a VAT invoice (including an electronic invoice via SDI). The table is divided according to whether the invoice relates to a supply of goods or a supply of services (although the distinction can be a grey area and depends on the […]

Electronic Invoicing

Mandatory E-invoicing Electronic-invoicing is mandatory for almost all B2B (Business to Business) and B2C (Business to Consumer) transactions made by an Italian VAT registered business. The Italian system has been in force since 1 January 2019 (after it became compulsory for invoices to public administrations in 2014–2015). Every invoice must be created in the official […]

Table of VAT Rates

In Italy, Value Added Tax (IVA – Imposta sul Valore Aggiunto) applies to most goods and services. The standard rate is 22%, with reduced rates for specific categories to support essential goods, sectors like tourism, and social services. Current Italian VAT Rates (IVA) – as of December 2025 Rate Description / Main Applications Common Examples […]