Germany vs Italy

Corporate income tax is 15%, plus a 5.5% solidarity surcharge on the corporate income tax, resulting in a combined rate of 15.825%. Trade tax applies separately and generally ranges from 8.75% to 20.3% depending on the municipality. According to legislative changes adopted in 2025, the corporation tax rate is planned to decrease to 14% in 2028, 13% in 2029, 12% in 2030, 11% in 2031, and 10% from 2032 onward, with the solidarity surcharge continuing to apply.

24

July 31st (or extended to the end of February of the following year if the taxpayer instructs a professional tax advisor).

By the end of the 9th month after the end of the tax year.

As stated in the assessment notice.

The last day of the sixth month after the end of the tax year.

Quarterly installment payments are due on the 10th day of March, June, September, and December.

Advance payment: 1) Pay 40% on the last day of the sixth month after the end of the tax year, 2) Pay 60% at the end of the eleventh month after the end of the tax year.

25/25/0

0/0/0

25/0/15

26/26/30

19

22

Capital gains are subject to the normal corporate tax rate.

Capital gains are subject to the normal corporate income tax rate. For financial investments, as long as they meet the conditions stipulated by law, they can be eligible for a 95% exemption under the PEX system.

26.59

21.18%

11.00

-22.74%