Taxes for legal entities or companies in Italy

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Inheritance and gift tax: applies to inheritances and transfers of assets, with rates ranging between 4% and 8% (depending on the degree of kinship).
Local and regional rates: councils may levy additional rates to fund local services such as refuse collection or public transport.
Financial income tax: Interest, dividends and capital gains are taxed at a flat rate of 26%.
Television licence fee (Canone RAI) : although not a consumption tax, it is mandatory for all individuals who own a television. The annual fee is fixed at 90 euros per year. It is used to finance cayman islands phone number library Italian public television (RAI). It is usually included in the electricity bill.
Are you interested in the Italian tax system, but for entrepreneurship? The country of the boot is not known for being too lenient with companies. Even so, its tax rates for companies are at the global average and operating there has significant advantages: access to a market of more than 60 million consumers, advanced infrastructure and a business network full of possibilities. Knowing in depth the taxes you will have to pay will help you make the most of these opportunities and make strategic decisions for your business. Let's look at the most important ones:

taxes in italy companies
Taxes in Italy for companies @Shutterstock
Corporate income tax (IRES)
The Corporate Income Tax, known as IRES, is the most important tax for companies in Italy. It is levied on net profits. That is, the amount left after deducting all operating expenses, salaries and other costs related to business activity.