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Generic Tax Name Withholding tax on income from deposits and on capital income
Tax name in the national language Ritenute sugli interessi e sui redditi da capitale
Tax name in English Withholding tax on income from deposits and on capital income
Member State IT-Italy
Tax in force since 1973/09/29
If abolished, date on which the tax ceases to apply
Business version date 2015/01/01
Version date 2015/02/17
This file was last updated on

Type of tax
Direct taxes Personal income tax
Corporate income tax

Indirect taxes VAT
Excise duty (EU harmonised)
Alcoholic beverages
Energy products and electricity
Manufactured tobacco

Social security contribution Employers
Legal base

DPR n. 600 of 29 September 1973. D.L. 24/04/2014, n. 66, converted into L. 23.06.2014 n. 89.

Who sets
The tax rate is set by

The tax base is set by

The reliefs are set by



Geographical Scope


Beneficiaries of interests and capital gains.

Tax object and basis of assessment

Income accruing from financial investments is taxed on a realization base, costs borne are not deductible.

The income is subject to a withholding tax.

Deductions, Allowances, Credits, Exemptions

Rate(s) Structure

 In force as of 1.07.2014, 26% tax rate applies on interests and other income received by investors. A rate amounting at 12.5% applies to interests, premiums and any other income from Italian and foreign Government securities.

Tax due date

Tax collector

Special features

The withholding tax is levied as a final tax. In case of taxpayers running a business, a deduction at source applies.

Taxpayers other than companies and single entrepreneurs are exempted from declaring that income.

Economic function

Environmental taxes

Tax revenue
ESA95 code d51ab + d51ba

Annual tax revenue (millions)
Tax revenue as % of GDP
Tax revenue as % of total tax revenue
2012 9,260.00 EUR 0.57
2011 6,291.00 EUR 0.38
2010 6,196.00 EUR 0.39
2009 12,055.00 EUR 0.77
2008 12,301.00 EUR 0.75
2007 10,772.00 EUR 0.67
2006 8,870.00 EUR 0.57
2005 6,956.00 EUR 0.47
2004 6,932.00 EUR 0.48
2003 7,774.00 EUR 0.56
2002 9,673.00 EUR 0.72
2001 9,766.00 EUR 0.75
2000 6,540.00 EUR 0.53