Corporate tax.

The article provides information on corporate taxation in Italy. Corporate tax rate stands at 27.5%. A special unit was formed specifically to focus on corporate tax evasion and enhance the exchange of information with foreign jurisdictions. Italy uses the straight-line method of and valuation is based on the historical cost of the assets. Corporate capital is not taxed by the national and regional governments. Value-added tax reportedly impacts importers, producers, wholesalers and retailers of goods and services.