Taxation in Italy is closely linked to your tax residency status. If you spend more than 183 days a year in the country or have your centre of economic interests there, you will be considered a tax resident.
This means that you will have to declare your global cayman islands phone number library income, not just that generated in Italy. On the other hand, non-residents are only taxed on income earned within the country. With this in mind, let's review the main taxes that affect individuals in Italy.
taxes in italy for individuals Personal income tax (IRPEF)
If you decide to move to Italy, the Personal Income Tax (IRPEF) will be the one that will have the most weight in your tax return. It is the pillar of the Italian tax system and one of those that has the most impact on personal finances .
It is progressive, it is applied to all income earned by tax residents. the higher the rate you will have to pay . The IRPEF follows a bracket scheme, designed so that those with higher incomes contribute more to the system. By 2024, the applicable rates are as follows :