Italian VAT could rise from 22% to 25.5% by 2018 Joe Stanley-Smith January 09, 2015 X LinkedIn Email Show more sharing options Copy Link URLCopied! Print X LinkedIn Email Italy’s VAT rate is likely to increase to 24% in 2016, and could rise as high as 25.5% by 2018, under Budget Law 190/2014. Unlock this content. The content you are trying to view is exclusive to our subscribers. To unlock this content: Take a Free Trial or Login