Italy's tax authorities have published the final versions of all major tax declaration forms for 2026, introducing notable changes including income exemptions up to EUR 960 for lower earners, reduced corporate tax rates from 24% to 20%, and restructured deductions across multiple taxpayer categories.
Italy’s tax authorities announced that the final versions of Italy’s 2026 tax declaration forms are now available following ministerial approval on 27 February 2026. These forms—including the 730, Income Tax, CNM, 770, and IRAP—will be used to report income earned during 2025.
After their initial draft release in December 2025, the forms underwent review with minimal changes before receiving final approval through eight separate ministerial provisions. They complement the Single Certification (CU) and annual VAT forms that were approved in January 2026.
Key updates to Form 730 and personal income tax
The 2026 versions introduce several significant changes for individual taxpayers. Workers earning up to EUR 20,000 can now exclude up to EUR 960 from their taxable income base. Additionally, a new gross tax deduction applies to employees with incomes between EUR 20,000 and EUR 40,000. Other notable modifications include tax-exempt status for rent payments to newly hired permanent employees and a comprehensive restructuring of available tax deductions.
Business tax form changes
The Personal Income, Sp, Sc, Enc, and Cnm forms have been revised to accommodate new tax provisions for 2025. These include a substitute tax regime for participants in the two-year preventive agreement covering 2025-2026. Corporate tax forms now reflect the reduced IRES rate, dropping from 24% to 20% for 2025—the “premial IRES” incentive available to joint-stock companies, non-commercial entities, and those filing consolidated tax returns.
IRAP and Form 770 modifications
The IRAP form incorporates a 95% tax exemption on dividends from EU/EEA countries received by banking and insurance institutions. Form 770 adds a new entry line for managing credits related to amounts excluded from income as recognised by withholding agents.
