Real estate transaction costs and taxes in Italy

Cost

Time-based cost plus out-of-pocket expenses (e.g. for administrative fees, copies).

VAT

22%

Cost

Time-based cost plus out-of-pocket expenses (e. g. for administrative fees, copies).

VAT

22%

Cost

EUR 20-EUR 25 for basic online cadastral and Land registry searches. Actual cost depends on number of entries.

VAT

22%

Cost

Approx. EUR 10 (full company search)

VAT

22%

Cost

Negotiable, depends also on value of property

VAT

22%

Cost

Variable: depends on time spent

VAT

22%

Cost

1. Sale of commercial property by VAT-registered individual or entity: VAT-exempt unless seller opts for VAT or certain specific conditions requiring the application of VAT occur.
2. Sale of non-commercial property by VAT-registered individual/entity: VAT-exempt, exceptions apply for construction companies and under certain other circumstances.
3. Sale of commercial or non-commercial property by non-VAT-registered individual or entity: not subject to VAT.

VAT

1. If not VAT-exempt, VAT at a 22%, or 10% rate
2. If not VAT-exempt, VAT at a 22%, 10% or 4% rate
3. Nil

Cost

1. Sale of commercial property by VAT-registered individual or entity: fixed amount of EUR 200 regardless of whether or not VAT applies.
2. Sale of non-commercial property by VAT-registered individual or entity: if sale is VAT-exempt 9% of value of the property; if sale is subject to VAT, fixed amount of EUR 200.
3. Sale of commercial or non-commercial property by non-VAT registered individual or entity: 9% of value of the property (2% in case the property becomes the main residence of the buyer).

Registration tax at fixed rate of EUR 200 on transfer of shares (SPA and SAPA companies) or quotas (SRL companies).
Transfer of shares in non-listed companies is also subject to a 0.20% tax on financial transactions.*

1. If the seller is a resident company: 24% + 3.9% (standard).
2. If the seller is a non-resident company without a permanent establishment in Italy or a non-resident individual:
   1. within five years from the acquisition 24% (company) and 23%–43% (individual) or 20% (company/individual if option is elected in the deed of sale). Local extra charges usually apply to individuals;
   2. after five years from the acquisition: not taxable

1. If the seller is a resident company: 24% (95% exemption may apply only if certain conditions are satisfied)
2. If the seller is a non-resident company without a permanent establishment in Italy or a non-resident individual:
   1. disposal of a “qualified” participation: 24% calculated on 58.14% of capital gain (company) until 31 December 2018; progressive rates from 23% to 43% calculated on 58.14% of capital gain (individual) *until 31 December 2018.
   2. disposal of a “non-qualified” participation: 26%; not taxable if the seller is resident of a country that allows exchange of information with Italy or if the participation is in an Italian resident listed company