The Regime Forfettario – Flat Rate Tax Regime for Freelance Businesses

Introduction A special tax scheme (Regime Forfettario) offers a flat rate of tax on gross income for taxpayers looking to get themselves registered for VAT in Italy and carry on a self-employed business or profession. The various schemes for small taxpayers (the Regime dei Minimi/Regime Forfettario) have seen a number of changes over the years and […]
Treaties between Italy and the U.S.
Italy has agreements with the U.S. for the avoidance of double taxation – covering mainly income taxes, social security and gift, estate and inheritance taxes. Income Tax Treaty (Double Taxation Convention) Convention Between the Government of the United States of America and the Government of the Italian Republic for the Avoidance of Double Taxation With […]
Italian tax regime to encourage high net worth individuals to move to Italy
Italian 2026 Draft Finance Law The Italian Ministry of Finance web site: https://www.mef.gov.it/export/sites/MEF/documenti-pubblicazioni/doc-finanza-pubblica/doc/DOCUMENTO-PROGRAMMATICO-DI-BILANCIO-2026.pdf and the web site of the Italian Senate https://www.senato.it/service/PDF/PDFServer/BGT/1477486.pdf report the issue of a draft of the Italian Finance Act for 2026. The Draft Bill is now proceeding with the Parliamentary debate and approval process, during which it may be amended, before […]
Foreign Asset Reporting, Section RW, IVIE & IVAFE – Wealth Tax on Foreign Property
Increase in IVIE and IVAFE Starting from FY 2024, the rate of IVIE, the tax on the value of foreign (non Italian) real estate located abroad, will increase from 0.76% to 1.06%. This increase applies generally to all real estate situated outside Italy by a Italian tax resident. IVAFE, the tax on the value […]
2016 Italian Tax Update
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What is an apostille?
An “apostille” is a form to be applied to documents for use in countries that are party to the 1961 Hague Convention. The convention is designed to rationalise procedures for the recognition and validation of legal documents executed in one signatory country and to be used in another signatory country. The apostille certifies that the […]
Who we are
Colin Jamieson Colin works as an Avvocato in Assago in the Province of Milan where he is based and is a Solicitor of England and Wales. He principally deals with tax and legal issues for English speaking clients with investments in Italy or Italian clients investing abroad. Over the years he has built up a practice advising […]