Italy - Customs and duties

Italy Customs And Duties 1367
Photo by: Gra├ža Victoria

Italy's membership in the European Union has greatly influenced its tariff structure. Duties on imports from then-European Community members and their dependencies were gradually reduced following the Rome Pact in 1957 and disappeared by 1969, more than a year ahead of schedule. Duties on goods from Greece, which entered the European Community in 1981, were reduced gradually and eliminated by 1986. Italy's adjustment of its tariff structure to that of the now-European Union also has resulted in a substantial reduction of duties on products imported from areas other than the European Union, including the United States.

Import duties on manufactured goods from non-EU countries range from 5% to 8%, while raw materials enter mostly duty-free. Other import taxes include a value-added tax (VAT) that ranges from 0–20% depending on the product and excise taxes on alcoholic beverages, tobacco, sugar and petroleum products.

User Contributions:

Comment about this article, ask questions, or add new information about this topic: