How much tax do you pay on capital gains in Italy?

Capital gains are subject to separate taxation at 26% (normal PIT rate applies in certain instances). Wealth tax on real estate properties owned outside of Italy (IVIE): 0.76%; Wealth tax on investments owned outside of Italy (IVAFE): 0.2%. NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

Will capital gains be taxed at the same rate?

As is expressly indicated in the explanatory report for the draft 2018 Budget Law, the legislature intended to simplify the tax system and conform the capital gains realized by residents on qualified and nonqualified shareholdings will be taxed at the same rate through a substitute tax regime.

Do companies pay capital gains tax based on net income?

Like Individuals, Companies pay capital gains tax based on net income, capital gains derived from the disposal of shares by resident entities may be exempt up to 95% given they meet certain conditions. Resident companies are typically taxed at a flat rate of 24% whereas gains derived by non-resident companies are taxed at a flat rate of 26%.

What is the capital gain tax on non-qualifying shareholdings?

The capital gain from the transfer of non-qualifying shareholdings is subject to a substitute tax of 12.5 percent. Other types of capital gain are subject to a substitution tax of 12.5 percent. There are special rules for shareholdings in companies resident in countries with privileged tax systems.