IMU Payments: 11 Billion Installment Expires – News
Italian property owners, time is of the essence! The first installment of the municipal property tax (IMU) for 2025 is due on June 16. This impacts nearly all properties, with specific exemptions for primary residences, excluding luxury classifications. Failing to meet this deadline could lead to penalties, so act swiftly. Furthermore, a massive “fiscal traffic jam” is brewing, as various other taxes are also due. With approximately 25 million properties subject to the IMU tax, understanding the specifics, including cadastral income and municipal rates, is crucial. This year, expect the total state coffers to collect a whopping 59.3 billion euros in June, with a significant portion linked to the IMU. For an in-depth breakdown, including how municipalities are now setting rates, visit News Directory 3. Discover what’s next to ensure you’re fully compliant.
Italian Property Owners Face IMU Tax Deadline
Updated june 14, 2025
Italian property owners face a key deadline for the IMU, or municipal property tax. The first deposit for the IMU tax in 2025 is due Monday, June 16.This applies to nearly all properties, with exemptions for primary residences, excluding those classified as luxury homes, villas, or castles (A/1, A/8, and A/9).
The balance of the property tax is due by Dec. 16. However, taxpayers can opt for a single payment on June 16. Non-commercial entities have the option to pay in three installments.Approximately 25 million properties are subject to this tax.
The amount due depends on the property’s cadastral income and the municipality’s rate for that property type. The tax is levied on owners or those with real rights to the property, such as usufruct, usage, or surface rights. Concessionaires of state-owned areas and lessors also are liable.
The June 16 deadline creates a “fiscal traffic jam,” as businesses and self-employed individuals must also pay IRPEF (income tax) for employees and family collaborators, withholding taxes, and VAT (value-added tax). The Cgia Study office of Mestre estimates that companies and self-employed workers will pay at least 34 billion euros, nearly 80% of the expected 42.3 billion euros in taxes.
Specifically, Irpef on employees and family collaborators accounts for 14.4 billion euros, VAT for 13.2 billion, IMU for 5 billion, and Irpef for self-employed workers for 1.3 billion. An additional 17 billion euros in tax revenue is due at the end of June, including IRES (corporate income tax) at 9.8 billion, IRAP (regional tax on productive activities) at 4.9 billion, IRPEF at 1.5 billion,and regional/municipal IRPEF surcharges at 900,000 euros. In total, state coffers are expected to collect 59.3 billion euros in June.
Municipalities can no longer freely adjust IMU rates. They are now limited to setting rates based on “types” outlined in a prospectus attached to the resolution, to be published by Oct.28. This resolution must be drafted using a computer request available on the federalism portal.
Exemptions, reductions, and concessions already mandated by law, such as the 200-euro deduction for primary residences in cadastral categories A/1, A/8, and A/9, or the 75% tax reduction for properties rented with agreed contract terms, are applied without municipal discretion.
If a municipality has not resolved its rates for 2025, the previous year’s rates will be used to calculate the IMU balance due by dec. 16.However, the tax must be persistent using the basic rates established by law until the municipality approves a new resolution.
What’s next
Property owners should verify their cadastral income and applicable municipal rates to ensure accurate and timely payment of the IMU deposit by June 16, 2025, to avoid potential penalties.