Italy Bollo Titoli Calculator: 0.2% Stamp Duty on Securities Accounts
Work out the Italian bollo titoli — the 0.2% annual stamp duty (imposta di bollo) levied on the value of a securities/deposit account — and what's left after it.
Adjust the inputs and select Calculate for a full breakdown.
Compare Common Scenarios
How the numbers shift across typical situations for this calculator:
| Scenario | Bollo titoli (stamp duty) | Account value plus duty figure |
|---|---|---|
| 0.2% of €50,000 (€100) | $100.00 | $50,100.00 |
| 0.2% of €100,000 | $200.00 | $100,200.00 |
| 0.2% of €25,000 | $50.00 | $25,050.00 |
| 0.2% of €500,000 | $1,000.00 | $501,000.00 |
How This Calculator Works
Enter the value of your securities account (deposito titoli) and the stamp-duty rate (0.2%). The calculator shows the duty due; subtract it from the value to see the net. The imposta di bollo on financial products is an annual charge on the account's value, calculated and debited by your bank or broker — not on your gains, but on the holding itself.
The Formula
Percentage Add-On
Rate is the tax or tip percentage applied to the amount
Worked Example
At 0.2% on a €50,000 securities account, the annual bollo titoli is €100. The imposta di bollo on securities accounts (often called the 'bollo titoli' or 'bollo dossier titoli') is an Italian stamp duty charged each year at 0.2% (2 per mille) on the market value of financial instruments held — shares, bonds, ETFs and funds. It's levied on the value regardless of whether the investments rose or fell, and the bank usually calculates and withholds it automatically, often prorating by the period the account was held.
Key Insight
The bollo titoli is a small but recurring drag on Italian investing, and understanding its base matters because it's charged on value, not profit. The standard rate is 0.2% per year (2 per mille) applied to the market value of the financial instruments in a deposito titoli — shares, bonds, ETFs, mutual funds and similar — so a larger portfolio pays proportionally more every year, win or lose. Key features: the bank or broker (the 'sostituto d'imposta') normally calculates, prorates and debits the duty for you, often per quarter or on a statement basis, so it's deducted automatically rather than self-reported; for individuals there's no upper cap on the securities-account bollo (the cap that exists applies to company/non-individual accounts as a fixed maximum), so high-value individual portfolios pay the full 0.2%. It's distinct from two related charges this calculator doesn't cover: the separate fixed €34.20 annual bollo on ordinary bank/current accounts (a flat amount, only due above a balance threshold for individuals), and IVAFE — the equivalent stamp-tax on financial assets held abroad, charged at the same 0.2% but self-declared in your tax return for foreign-held investments. The bollo is also separate from capital-gains tax (26% on most financial gains in Italy) and from the bollo paid on the cash part of accounts. For investors, the practical takeaways: the 0.2% is an annual cost that compounds against long-run returns much like a fund fee, it's owed even in a down year, and holding assets abroad doesn't escape it (IVAFE mirrors it). This calculator shows the annual duty on the value you enter and lets you read off the net; for a precise figure, account for any proration if the account wasn't held the full year, and remember foreign holdings are covered by IVAFE instead.
Frequently Asked Questions
How is the bollo titoli calculated?
Multiply your securities-account value by 0.2% (2 per mille). On a €50,000 account, the annual stamp duty is €100. It's charged on the value of the holdings, not on your gains, and is typically prorated and debited automatically by your bank or broker.
What is the bollo titoli?
The Italian annual stamp duty (imposta di bollo) on securities/deposit accounts — 0.2% of the market value of financial instruments held (shares, bonds, ETFs, funds). It's an annual charge on the holding itself, levied whether your investments rose or fell, and collected by the bank or broker.
Is the bollo charged on gains or on value?
On value. The 0.2% applies to the market value of your securities account, not to your profit — so you pay it every year regardless of performance. That makes it an ongoing cost that, like a fund fee, compounds against long-run returns. It's separate from the 26% capital-gains tax on financial gains.
Is there a cap on the bollo titoli?
Not for individuals on securities accounts — high-value individual portfolios pay the full 0.2% with no ceiling. A fixed maximum applies only to company (non-individual) accounts. The separate flat €34.20 bollo applies to ordinary bank/current accounts, which is a different charge.
Does the bollo apply to assets held abroad?
Effectively yes, via a parallel tax: IVAFE applies the same 0.2% rate to financial assets held abroad, but it's self-declared in your Italian tax return rather than withheld by an Italian intermediary. So moving investments to a foreign account doesn't escape the charge — IVAFE mirrors the domestic bollo titoli.
Related Calculators
Methodology & Review
The stamp duty is the rate applied to the value of the securities account; the total here is the value plus the duty figure so the duty (chargeAmount) and net value are easy to read off. It models the standard 0.2% annual imposta di bollo on the deposit value and does not apply the higher fixed minimum for company accounts, the bank-account version, or any IVAFE on foreign-held assets.
Written by Ugo Candido · Last updated May 22, 2026.