On 24th of October the Italian government published the second version of the Italian voluntary disclosure (VD) programme under art. 7 of Decree-Law no. 193/2016.

La legge di bilancio 2023 introduce la possibilità di affrancare il valore delle azioni o quote di fondi comuni e Sicav (Oicr) mediante versamento di un'apposita imposta sostitutiva nella...

Italian resident beneficiaries of foreign trusts should pay attention to the new position taken by the Italian Government concerning distributions made by foreign opaque trusts resident

You may not be aware, but from an inheritance tax point of view, Italy is actually considered more like a fiscal paradise. After you have picked yourself up off the floor because I just called Italy a “fiscal paradise”, you might want to read on. If your estate, or part of it, is likely to be subject to Italian inheritance tax on your death, then the current rules may interest you.

On July 15, 2020, the Italian Government issued Legislative Decree no. 75 (the "Decree"), implementing Directive (EU) 2017/1371 (known as the "PIF Directive") aimed at ensuring the...

The Italian flat tax regime for high net worth individuals offers significant benefits, but many overlook a crucial financial planning opportunity involving UK pensions. By strategically converting UK pension pots into investment portfolios while under the flat tax regime, HNW individuals can potentially eliminate future progressive income tax liabilities and create more tax-efficient income streams.

Axpo Italia si appresta a rilevare i clienti luce/gas di Axopower. L'operazione è stata notificata giovedì scorso all'Antitrust

In Italy in recent years, having a tax control framework (TCF) has emerged not only as a key instrument for tax risk management and mitigation, but also as a lever for corporate value creation in extraordinary transactions...

The tax treatment of insurance premiums paid by employers on behalf of employees varies in Italy depending on the primary purpose for the payment. Other countries approach the issue differently.

New tax credits are available in Italy following the enactment of a law which includes benefits for those investing in advertising campaigns.

The rendita catastale is a foundational yet often misunderstood element of Italy's property taxation system, representing the theoretical rental income homeowners effectively pay themselves. This imputed value plays a surprisingly significant role in Italy's GDP and explains why successive governments handle property taxation with such political sensitivity. Understanding this concept is essential for anyone navigating property ownership, inheritance planning, or financial decisions in Italy.

Con la pubblicazione in Gazzetta Ufficiale del d.L. n. 9/2020, emanato dal Governo italiano a fronte della situazione di straordinaria emergenza...

Article 20 of the Legislative Decree on tax simplification, transfers the obligation to inform Inland Revenue of the data included in the letter of intent to the so-called 'frequent exporter'.

With reference to opaque trusts, the Circular Letter provides a distinction depending on the nature (commercial or non-commercial) of the trust as well as its residence.

The granting of surface right on agricultural lands is subject to registration tax at the rate of 15% and not 9%, as well as mortgage and cadastral taxes at the fixed amount of Euro 50...

Italy's new ZES Unica framework consolidates regional special economic zones into a unified system offering tax incentives and streamlined procedures for foreign investors. The reform covers southern regions and strategic Mediterranean ports, creating opportunities in real estate, logistics, and industrial development. How can international operators leverage this framework to establish a competitive presence in European and Mediterranean markets?

With the aim of stimulating the investments in the Italian southern regions (s.c. "Mezzogiorno"), the Italian Government has approved a new law decree, namely the "Southern Decree"...

One of the most important innovations brought by the law reforming the tax trials (Law no. 130 of 31 August 2022) is the possibility for the parties to request, upon certain conditions, witness evidence.

Under pressure of several proposals, Italian Government has recently adopted some amendments to a series of measures, introduced with the laudable aim to contrast the economic and financial crisis and to reduce the Italian budget deficit.