Italian 2026 Finance Bill – Key Tax Measures: Support for Middle and Low Incomes | Revision of IRPEF tax brackets | Abolition of reduced 21% rate on short term lettings | Baby bonus | Enhanced parental leave and nursery bonus | Social security exemption for working mothers | Increased deductions for private school expenses | Family endowment fund | First home mortgage guarantee fund | Support for food purchases | Energy-efficient appliance bonus | Cap on deductions for incomes over €75,000 | Exceptions for healthcare, mortgages, and startup investments | End of deductions for children over 30 (except disabled children) | “Hire more, pay less” tax deduction for new permanent hires | Reduced tax on productivity bonuses | Fringe benefit exemptions | Relocation support for new hires | Raised flat tax threshold for employees and pensioners | Reduced corporate tax (IRES) for reinvested profits | Tax credits for southern Italy investments | Enhanced “Nuova Sabatini” machinery financing | Support for SME stock market listings | Increased public investment in defense, infrastructure, and healthcare | Banking and Insurance | Deferred deductions for financial sector losses | Annual stamp duty on life insurance contracts

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 […]

RW, IVAFE and IVIE – 2017 Slides

Below are the slides of the Presentation to Democrats Abroad on 26 June 2017 covering tax reporting requirements.  The rules require individuals who are tax resident in Italy to disclose investments in real estate and financial assets that they hold outside Italy.  There are also taxes due on the capital value of these assets and […]

Tax and Social Security Services for International Assignments and Local Hires

Tax and social security compliance support, and more. We can provide a full range of services for non Italian businesses sending employees to Italy or hiring staff locally. Exactly what is required will depend on the circumstances but we believe we can offer the full range of services comprising: We can help with planning the […]

Double Tax Treaties

Treaties between Italy and other countries for the avoidance of  double taxation Italy has an extensive range of treaties for the avoidance of double taxation – covering mainly income taxes  but others covering gift, estate and inheritance taxes.   All of Italy’s Double Tax Treaties (Income Taxes) Click here for a full list of Italy’s tax […]

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/focus/Principali-misure-della-legge-di-bilancio-2025/ reports 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 being published as a law probably toward the end […]

Brexit Event Magenta

[embeddoc url=”https://taxing.it/wp-content/uploads/2017/01/Brexit-The-Day-After-in-UK-and-Italy-Magenta-Jan-2017.pdf” viewer=”google”] The slides of Colin’s Presentation to Magenta’s English Club on 18 January 2017

MEF releases Italy tax revenue figures for first seven months of 2016

Italian Ministry of Finance reports total tax revenue up 3.8% in the period January-July 2016. In the first seven months of 2016, according to the Italian Ministry of Finance total Italian tax revenues  amounted to almost 244 billion euro, an increase of 3.8%  (+8.9 billion euro) compared to the same period of 2015. Read more […]