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Individuals are considered resident in Italy if they are registered in the
official register of population; their principal place of business and interests
is located in Italy; or if they remain in Italy for more than six months in any
calendar year.
Progressive rates for IRPEF for 2008 are as follows:
Taxable Income (EUR) Rate (%)
Up to 15,000 23
15,001–28,000 27
28,001–55,000 38
55,001–75,000 41
Over 75,000 43
now i got this from a official Italian economic forum which is much more reliable than Galliani, do you really think that the government taxes individual who earn 77,000 euros 50% of their income. 43% is the standard rate. corporation tax is around 47% but that only applies if Milan make a profit.
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