Country tax profile · 2026
Italy corporate tax
How Italy taxes corporate
The standard corporate profits tax in Italy is 24%. IRES 24% + IRAP regional production tax 3.9% (regions may vary +/-0.92%). FY2025 optional reduced IRES of 20% for companies reinvesting profits in fixed assets under conditions.
Compiled by MyNomadWorld for Italy and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.
How Italy's corporate tax compares
Italy's corporate tax of 24% is the 84th highest of the 180 countries we track, against a global average of 21.2% and a Europe average of 17%.
Countries with a similar corporate tax
Malaysia (24%) · Japan (23.2%) · Equatorial Guinea (25%) · Eswatini (25%) · Guinea (25%) · Mauritania (25%)
Who is a tax resident of Italy?
>183 days present in Italy, or having domicile (main centre of personal/family interests) or habitual residence there, or registered with the resident population registry (Anagrafe), for the majority of the tax year (2024 definition, DLgs 209/2023).
Related Italy taxes
Moving to Italy?
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What is the corporate tax rate in Italy?
The standard corporate profits tax in Italy is 24%. IRES 24% + IRAP regional production tax 3.9% (regions may vary +/-0.92%). FY2025 optional reduced IRES of 20% for companies reinvesting profits in fixed assets under conditions.