Updates On Special Tax Regimes For Athletes

As commonly know, in Italy the sports industry – and especially soccer – represents an important source of wealth for the Country.

As a consequence of the potential growth of this industry, the Italian legislator introduced with the Law decree no. 34/2019 special tax incentives for athletes and other inbound workers who transfer their tax residences to Italy.

Since then, a lot of new and updated provisions have been introduced.

First of all, to be admitted to this "special regime" the athletes have to meet the following conditions:

1. lived as Italian tax nonresidents for the previous two years before transferring their tax residences to Italy;
2. qualify as Italian tax residents and plan to remain in Italy for the next two years; and