34 results found

Italy has recently introduced a territorial system of taxation to attract high net worth individuals, including successful individuals in the sports, arts, and fashion and design sectors...

In response no. 114 issued on May 23, 2024, to a request for a ruling, the Italian tax authorities provided clarifications on the value to be assumed for tax purposes in Italy for capital gains...

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.

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.

With Ruling no. 9 of 11 January 2022, the Italian Tax Authorities provided some guidance concerning...

Individuals who move their fiscal residence to Italy may opt for a substitute income tax regime on foreign income by a payment of a yearly substitute tax of Euro 100,000.

Italy has positioned itself as the best country to choose as a base for doing business across Europe. Two schemes - the Budget Law - Article 24-bis of Italy's Tax Code (TUIR) launched in...

I admit it. I have been confused for years about the rendita catastale. I have never been entirely sure about its role in the Italian economy or how it benefits the individual or the system as a whole. Until now. A recent deep dive into some economic analysis finally made the penny drop.

The new Finance Law 2017 aims at putting Italy in a competitive position in order to attract people and organizations, and proposes an evident and remarkable reduction of tax on foreign income...

To support the economic, scientific and cultural development of Italy, the Italian Tax system provides numerous benefits for people who move their residence to Italy.

Only after the intervention by the advocates of the Brusca heirs did the Court of Palermo re-assess their decisions, evaluating how illegitimate ...

Pubblicati finalmente i chiarimenti dell'Agenzia delle Entrate in tema di imposte dirette, indirette, monitoraggio fiscale e recepimento dell'orientamento espresso dalla giurisprudenza di legittimit...

The European Succession Certificate, better known as the European Succession Certificate (ESC) or CSE, was established with EU Regulation No. 650 of 2012 and was implemented in Italy with Law No.

Italy's special 7% tax regime for pensioners relocating to Southern regions has been expanded to include towns with up to 30,000 residents, opening up significantly more location options with better access to essential services. Understanding the qualification requirements and strategic financial planning opportunities can help maximize the benefits of this attractive tax incentive for foreign retirees.

The draft legislative decree currently under consideration by the Italian Government partially revises the rules on Gift and Inheritance tax and registration taxes with reference to trusts...