Italy is rolling out new revenue-raising tax measures, including a EUR 2 levy on low-value non-EU parcels, higher financial transaction taxes, tighter short-term rental rules, and a planned surcharge on low-cost Chinese fast-fashion imports.
Italy is preparing several new tax measures to boost revenue and protect local industries.
A EUR 2 levy on small non-EU parcels, aimed at platforms like Shein and Temu, will apply to packages worth up to EUR 150 and is expected to raise over EUR 120 million next year.
This follows Italy’s plan to introduce an additional tax on Chinese fast-fashion imports to protect its domestic fashion industry from low-cost competition, according to government sources. The measure was expected to target online retailers like Shein and Temu, aiming to address what officials described as “unfair competition” in one of Italy’s most vital sectors.
In addition, Italy plans to double its financial transactions tax, raising the rate on trades executed on non-regulated markets from 0.2% to 0.4% and on regulated markets from 0.1% to 0.2%. The adjustment is projected to generate an additional EUR 337 million starting next year.
On housing, the government has abandoned a plan to eliminate the 21% favourable tax rate on short-term rental income for one property, an incentive especially relevant to landlords using platforms like Airbnb.
However, the threshold at which short-term rental activity must be treated as a business (with higher tax and compliance obligations) will drop from five properties to three.
