Calculate the Sales Tax in Italy (VAT) for 2016 & 2017
The sales tax on goods and services in Italy is a tax on value added (TVA). There are three types of value added tax in Italy: standard 22%, reduced 10% and super-reduced 4%. Each rate is applied on a category of goods and services.
- The standard rate at 22% applies on most goods and services, including wine and other alcohol beverages, as well as some pharmaceuticals.
- The reduced rate at 10% is applicable on some medications, passenger transport, water distribution, hotel and restaurant business. Cultural activities such as theatre and film presentations also enter that category.
- The super-reduced rate at 4% concerns basic foodstuffs, most human medicine, welfare, public charges, and publication such as books and the press.
You will find below a calculator for the TAV (tax on added value) in Italy that will display the amount of taxes payable, based on the selling price and the type of rate. You could also reverse the calculation and enter the amount including taxes to find out the price excluding taxes.
Please change the suggested values with your own in the blue text boxes.
Our financial calculators start with default values to suggest what to enter typically in each modifiable field, displayed as blue text boxes, in order to simulate a common scenario. Please change those values with your own. To keep track of your changes, the blue box will turn gray after they are modified.
You will also notice that our calculators behave like financial applications and recalculate automatically all values with each change instead of having to click on some extra button or going to a new result page, this is intentional and helps understand the effect of one change with the overall result in a more dynamic and instantaneous manner.
However, charts in our older calculators are not updated automatically, so if there is an "Update" button next to the chart, make sure to click on it after you make a change before you analyze it.