AWS Careers 2020

Welcome to AWS, Milan

Issue link: https://emea-resources.awscloud.com/i/1262396

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Tax, pay & finances IRPEF (Imposta sul Reddito delle Persone Fisiche) The IRPEF is a direct and progressive tax on personal income derived from any source (salary, income from property, dividends, etc.). This tax is paid by means of deductions from one's paycheck, or if one is self-employed, with a tax return (dichiarazione dei redditi, now called the Modello Unico). Taxes usually have to be paid by the end of May and returns filed by the end of June, but deadlines often vary year to year. Here are the rates applicable on taxable income for 2000: • 18.5% for the amount up to 10,000€ • 25.5% for the amount between 10,000€ and 15,000€ • 33.5% for the amount between 15,000€ and 30,000€ • 39.5% for the amount between 30,000€ and 67,000€ • 45.5% for the amount over 67,000€. Local incomes taxes can add up to 1% to these rates. IRPEG An abbreviation for corporate income tax. IVA (Imposta sul Valore Aggiunto or Value Added Tax), an indirect tax charged on most products and services. IVA usually amounts to 20% and creates no complication for the consumer, as it is already included in the price of retail goods. Social Security Charges are around 10% of income. **Content is provided by easyexpat.com

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