Financial Crime
11.1 Anti-Money Laundering (AML) Italy enforces AML regulations under Legislative Decree No. 231/2007, aligned with EU directives. Obligated entities include banks, accountants, lawyers, and real
11.1 Anti-Money Laundering (AML) Italy enforces AML regulations under Legislative Decree No. 231/2007, aligned with EU directives. Obligated entities include banks, accountants, lawyers, and real
10.1 Legal Framework M&A transactions in Italy are governed by the Civil Code, the Consolidated Financial Act (TUF), and EU regulations. Key authorities include: Cross-border
9.1 Corporate Taxation Italian companies are subject to two main taxes: Taxable income is calculated according to Italian GAAP, with adjustments for non-deductible expenses and
7.1 Executive Roles and Titles Italian companies typically appoint executives such as: Amministratore Delegato (CEO) – Chief executive with delegated powers Direttore Generale – General
6.1 Accounting Standards Italian companies generally follow the Italian GAAP (OIC) for statutory reporting. Listed companies and large groups must use IFRS as adopted by
4.1 Appointment and Eligibility Directors are appointed by shareholders and must meet basic eligibility criteria: Be at least 18 years old Hold a valid Italian
Presumption of Tax Residence Article 2, paragraph 2-bis of the Italian Income Tax Code (TUIR – Presidential Decree No. 917/1986) contains a specific anti-tax avoidance
Introduction By 30 June and 30 November of each year, Italian taxpayers must make payment on account (acconto) of their tax liability for the current
Tax to be Withheld on Payments to Non Residents Italy has an extensive series of rules requiring Italian tax resident businesses and professionals to make
An Overview of Italian Taxes Due By Corporate Bodies Carrying on Business in Italy Italian resident corporations and foreign companies operating in Italy through an
If your pension is liable to tax in Italy (which will be the general position absent exemption under a DTA) then you need to follow Italian rules on the timing of a receipt for tax purposes.
Compliance with Tax and Social Security Regulations Moving to Italy as a digital nomad comports the payment of income taxes, social security contributions and Italian
CONVENTlON BETWEEN THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND THE GOVERNMENT OF THE ITALIAN REPUBLIC FOR THE AVOIDANCE OF DOUBLE
Italy has bilateral social security conventions with the following non-EU foreign countries: Argentina Australia Brazil Canada and Quebec Israel Channel Islands and Isle of Man
Secure Upload Form You can use this page to securely upload pdf, jpg/jpeg, doc, xls and zip files. You can upload a maximum of 10
The Importance of Identifying Italian Source Income The Italian tax Code contains a specific definition of Italian source income – or rather a list of
Introduction Working from Italian soil means, according to the default rules, that you are liable to make payment of Italian social security contributions, the bulk
Working as an Employee from Italian Soil If you are an employer outside Italy and thinking of hiring an employee who will be working from
Tax in Italy Your liability to tax in Italy depends primarily (but not, by any means, only) on your tax residence status. If you are
This guide is intended to give a high level introduction to carrying on business in Italy 1. Legal Background 2. Business Structures 3. Shareholders and
2024 Rules Article 6 of Decree Law 113/2024 establishes a special regime for workers residing in municipalities, specifically identified in Annexes 1 and 2 of
What are they? It is important to note that each tax relief has specific eligibility criteria, timings, deadlines and requirements, so consultation on any
This is a fairly literal translation into English of the Italian legislation implementing the Impatriates Relief in its post 2023 version. The text is given
Departure From Italian Shores If you have decided to say arrivederci or adieu to the Bella Vita after a period of residence in Italy, there
Italy has a number of Special Tax Regimes. By special we mean regimes that offer more favorable rates of tax or more favorable methods of
The Digital Nomad Visa On 4 April 2024 a Ministerial Decree issued by the Italian Interior Minister was published in the Italian Official Gazette. Effective
The Legislative Decree on International Taxation, No. 209 of 27 December 2023 introduced some important modifications to the Italian rules on the tax residence of
Please complete the form below to enable us to gather information to complete your 2025 Italian tax return on your FY 2024 income and assets.