Tax Guide · 2026
Forex Tax in Italy 2026
Capital gains, CFDs and spread betting — how Italy taxes forex profits in 2026, the headline rate of 26%, filing deadlines, and loss-offset rules enforced by Agenzia delle Entrate.
Italy Forex Tax Rates 2026
The brackets, rates and thresholds that apply to forex and CFD profits in Italy for the 2026 tax year.
| Income Tier | Tax Rate | Threshold | Notes |
|---|---|---|---|
| All forex/CFD gains | 26.0% | Per year, flat | Imposta sostitutiva on redditi diversi |
| Regime amministrato | 26.0% | Italian brokers | Auto-withholding, no Quadro RT needed |
| Regime dichiarativo | 26.0% | Foreign brokers | Self-declare on Quadro RT |
| IVAFE wealth tax | 0.2% | Foreign account value | Annual levy on foreign-held accounts |
| Loss carry-forward | n/a | 4 years | Within same income category only |
Source: Agenzia delle Entrate. Rates apply to the 2026 tax year and are subject to change in national budget updates.
Key things Italy forex traders need to know
1. Who administers forex tax in Italy
The Agenzia delle Entrate is the primary authority responsible for collecting forex and CFD capital-gains tax in Italy. Filings are made annually on Modello Redditi PF, Quadro RT with the deadline falling on 30 November (online Modello Redditi); 30 September (730). All records — broker statements, trade ledgers, and proof of any foreign withholding — should be retained for the statutory minimum period (typically 5-7 years).
2. How forex is classified versus CFDs
Forex and CFD profits are redditi diversi di natura finanziaria under article 67 of the TUIR. They are subject to the 26% imposta sostitutiva separately from ordinary IRPEF income.
3. Spread betting status in Italy
Spread betting is not offered in Italy — the regulator CONSOB treats it as a financial derivative that must comply with MiFID II and is effectively indistinguishable from CFD trading.
4. Cryptocurrency treatment
From 2023 Italy taxes crypto gains above EUR 2,000 per year at 26% under the same imposta sostitutiva regime. Holdings must be declared on Quadro RW and are subject to a 0.2% bollo wealth tax.
5. Professional-trader reclassification
If activity is conducted as reddito d'impresa (business trading), profits move out of the flat 26% regime into IRPEF progressive brackets (23%-43%) plus IRAP and social contributions.
Go deeper: full Italy tax guide
This page is the 2026 headline summary. For an in-depth walkthrough including software recommendations, record-keeping checklists, and foreign-broker declaration workflows, visit the full deep dive.
Read the full Italy tax deep diveFrequently Asked Questions
How much tax do I pay on forex profits in Italy?
Do I need to declare foreign-broker profits in Italy?
Is spread betting tax-free in Italy?
What happens if I am classified as a professional trader in Italy?
Reviewed by
Daniel FerrettiRegulatory Affairs Editor · EU Financial Regulation Specialist
10+ years of experience · 28 articles
- LLM International Financial Law, University of Luxembourg
- Former CySEC Compliance Officer
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.
This page is for informational purposes only and does not constitute tax advice. Tax rules change frequently and depend on personal circumstances — consult a qualified local tax adviser before making decisions about your forex or CFD trading activity.