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Generic Tax Name Capital tax - Capital gains tax on shares
Tax name in the national language Imposta sulle plusvalenze da cessione di azioni
Tax name in English Capital gains tax on shares
Member State IT-Italy
Tax in force since 2004/01/01
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
Other
Indirect taxes VAT
Excise duty (EU harmonised)
Alcoholic beverages
Energy products and electricity
Manufactured tobacco
Other
Social security contribution Employers
Employees
Other
 
Legal base

D.lgs. n. 461/1997 - D.P.R. n. 917 of 1986 - 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




Comments
 
Beneficiary





Comments

 
Geographical Scope

 
Taxpayers

Individuals.
 
Tax object and basis of assessment

Capital gains realized on participation in companies.
 
Deductions, Allowances, Credits, Exemptions
 
Rate(s) Structure

26%
 
Tax due date

 
Tax collector

 
Special features

Capital gains realized by individuals:

  • qualifying shareholding: 50.28% tax exempted (49.72% subject to progressive personal income tax)
  • non qualifying shareholding subject to substitute taxation at the rate of 20%

Capital gains realized by individuals with a participation held in a business capacity: 50.28% tax exempted (49.72% subject to progressive personal income tax).
 
Economic function







Comments
 
Environmental taxes



Comments
 
Tax revenue
ESA95 code d51c1a + d51c2a + d51c2c

Year
Annual tax revenue (millions)
Currency
Tax revenue as % of GDP
Tax revenue as % of total tax revenue
2012 834.00 EUR 0.05
2011 385.00 EUR 0.02
2010 472.00 EUR 0.03
2009 497.00 EUR 0.03
2008 713.00 EUR 0.04
2007 1,184.00 EUR 0.07
2006 1,266.00 EUR 0.08
2005 952.00 EUR 0.06
2004 3,531.00 EUR 0.24
2003 3,038.00 EUR 0.22
2002 3,593.00 EUR 0.27
2001 6,014.00 EUR 0.46
2000 4,594.00 EUR 0.37

Comments