What is the interest withholding rate between Italy and United States?
Under the Italy-United States tax treaty, the withholding rate on interest is 10%. Certain types of interest (such as government bonds) may qualify for additional exemptions under specific treaty articles. This 10% rate compares to a median of 10% across Italy's 47 active treaty partners, and 10% across United States's 64 active partners.
Network Comparison
Italy
Rank 34 of 47 active treaties (lowest rate = #1)
Lower rates with: Russia (10%), Sweden (10%), Thailand (10%)
Higher rates with: Vietnam (10%), South Africa (10%), Spain (12%)
United States
Rank 38 of 64 active treaties (lowest rate = #1)
Lower rates with: Cyprus (10%), Estonia (10%), Indonesia (10%)
Higher rates with: Japan (10%), Kazakhstan (10%), Sri Lanka (10%)
Sources
- United States Treaty Reference(treaty text)
- IRS Table 1 (Withholding Rates)(rate table)
Data last reviewed: 2026-04-07