Italy has extended into 2014 the reduced individual income tax rate for earnings from work arrangements that increase corporate productivity. This lower 10 percent rate was first introduced in 2008 and has been extended in the 2014 budget. Individual employees with income below EUR 40,000 may obtain the lower 10 percent tax rate for eligible additional earnings in 2014, up to a maximum of EUR 3,000 per annum. The previous limit was EUR 2,500 per annum.
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