Do you charge the Italian Financial Transactions Tax (I-FTT)?

Effective March 1, 2013 and September, 1 2013 a new tax was implemented on the purchase of certain Italian securities and derivatives ("Imposta sulle transazioni finanziarie"), respectively.

When charged, stamp duty taxes and transaction taxes are shown in the Activity Statements under the Transaction Fees section. You can run an Activity Statement in Client Portal.

Find information regarding the Italian Financial Transaction Tax and Italian Financial Transaction Tax on Derivatives in the IBKR Knowledge Base.

Find out more on the Imposta sulle transazioni finanziarie page of the Agenzia delle Entrate website.

Additional Information:

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Information regarding the French financial transaction tax
Information regarding the Italian financial transaction tax
Information regarding Italian financial transaction tax on derivatives
Is transaction tax included in the cost basis?