Italian 2026 Finance Law – Key Tax Measures: Reduced Tax Rate for Middle Incomes | Flat-tax/HNWI“new-resident” regime adjustments (for high net-worth individuals) | Incentives / “flat tax” regimes for employment income| Continued incentives for investments and capital goods (businesses) | Tax-collection and “fiscal-relief” measures: debt-collection amortization, freeze for property-transfer taxes | Tax treatment of dividends, capital gains, and financial income | Sectors/Special Taxes: financial intermediaries, “windfall” taxes, bank levy

Paying Italian Tax without an Italian bank account

Taxes It is possible to pay Italian tax (not social security contributions)  without an Italian bank account.  You need to find the relevant account for the tax payment you want to make and then in the “causale” (description) box you put in the following Tax code (fiscal code number) of the taxpayer The individual code […]

Tax on Capital Gains for Individuals – Disposals of Shareholdings

Background – Taxation of Gains and Losses The disposal of shareholdings (e.g., shares or equity interests in companies) in Italy may trigger a charge to Italian tax on any capital gain under the Italian Tax Code (DPR 917/1986). The tax treatment differs significantly based on the percentage interest in the company and Italian tax residency […]

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/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 […]

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