Tax on rental income is levied on a progressive scale at rates ranging from 15 to 40%. In 2023, tax is charged at the following percentage rates:
Income up to 22,000 lire - 15%
Income between 22,000 and 49,000 liras - 3300 liras, on the balance - 20%
Income from 49,000 to 120,000 lira - 8700 lira, on the balance - 27%.
Income from 120,000 to 600,000 lire - 27,870 lire, on the balance - 35%.
Income over 600,000 lira - 195,870 lira, on the balance - 40%.