Estimate Italian capital gains tax — 26% flat rate for stocks, or 12.5% for government bonds.
Capital gains from most financial instruments (stocks, ETFs, funds) in Italy are taxed at a flat 26%. Gains from Italian and EU government bonds get a reduced 12.5% rate.
Illustrative estimate only, using simplified/rounded 2026 Italian tax figures — not tax advice. Regional and municipal surcharges vary by location. Always confirm with the Agenzia delle Entrate or a commercialista.