Taxes
Italy — Tax: Double Tax Treaties
Italy lists treaties with 98 countries and gives a foreign tax credit that cannot exceed net Italian tax on the foreign-source income.
VerifiedProfessional tax guide — not a government sourcePwC Worldwide Tax Summaries — Italy, Foreign tax relief and tax treatiesLast reviewed: 2026-10-23
Key facts
- PwC lists 98 countries with double tax treaties with Italy, by its own count.
- Relief is by foreign tax credit claimed on the Italian return.
- The credit is generally limited to the share of Italian tax matching the ratio of foreign taxable income to total income.
- The foreign tax credit cannot exceed the net Italian tax due on the foreign-source income.