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Individual - Foreign tax relief and tax treaties
Last reviewed - 25 February 2026Foreign tax relief
In case of double taxation of the same income between Italy and a foreign country, an individual may claim foreign tax relief for taxes paid abroad.
The relief can be claimed only when the foreign taxes become final and settled, by filing the Italian tax return.
The foreign tax credit is calculated using a specific formula and is generally limited to the proportion of Italian tax corresponding to the ratio between foreign taxable income and total income.
The foreign tax credit cannot exceed the net Italian tax due on the foreign-source income.
The assessment of foreign tax credits is one of the areas of focus for the Italian tax authorities.
Tax treaties
Italy has an extensive network of double tax treaties. The countries with which Italy currently has double tax treaties include the following:
|
Country |
Country |
Country |
|
Albania |
Iceland |
Russian Federation |
|
Algeria |
India |
San Marino |
|
Argentina |
Indonesia |
Saudi Arabia |
|
Armenia |
Ireland |
Senegal |
|
Australia |
Israel |
Singapore |
|
Austria |
Ivory Coast |
Syria |
|
Azerbaijan |
Jamaica |
Slovakia |
|
Bangladesh |
Japan |
Slovenia |
|
Barbados |
Jordan |
South Africa |
|
Belarus |
Kazakhstan |
South Korea |
|
Belgium |
Kuwait |
Spain |
|
Brazil |
Latvia |
Sri Lanka |
|
Bulgaria |
Lebanese Republic |
Sweden |
|
Canada |
Lithuania |
Switzerland |
|
Chile |
Luxembourg |
Tanzania |
|
China |
Macedonia |
Thailand |
|
Colombia |
Malaysia |
The Netherlands |
|
Congo |
Malta |
Trinidad and Tobago |
|
Croatia |
Mauritius |
Tunisia |
|
Cyprus |
Mexico |
Turkey |
|
Czech Republic |
Moldova |
Uganda |
|
Denmark |
Mongolia |
Ukraine |
|
Ecuador |
Morocco |
United Arab Emirates |
|
Egypt |
Mozambique |
United Kingdom |
|
Estonia |
New Zealand |
United States |
|
Ethiopia |
Norway |
Uruguay, Oriental Republic |
|
Finland |
Oman |
Uzbekistan |
|
France |
Pakistan |
Venezuela |
|
Georgia |
Panama |
Vietnam |
|
Germany |
Philippines |
Zambia |
|
Ghana |
Poland |
|
|
Greece |
Portugal |
|
|
Hong Kong |
Qatar |
|
|
Hungary |
Romania |
Notes
|
Note |
Description |
|
1 |
The treaty with the former Union of Socialist Republics is still applied to Kyrgyzstan, Tajikistan, and Turkmenistan. |
|
2 |
The treaty with former Yugoslavia is still applied to Bosnia and Herzegovina, Serbia, and Montenegro. |
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