Land Registry Categories – Residential Property

The Land Registry Category is an important variable in determining the tax payable in respect of real estate.  All registered property in Italy is assigned a category. You can see the assigned category by getting hold of land registry extract or visura catastale. Italy has […]

Tax Credit for a Dependent Child

The Italian legislator, keen to encourage population growth has made provision for  tax benefits relating to children.  The tax legislation makes reference to minor child: a child under the age of 18 years old dependent child: a person is considered a family dependent if they […]

Italian Real Estate Purchase Guide

The Italian tax regime applicable to residential real estate can seem confusing.  Real estate has always been an attractive source of income for governments around Europe,  and Italy is no exception.  As real estate is difficult to move about, it presents an easy target for […]

Italian Tax Guide (for the geographically mobile)

This is our general guide to Italian tax.  Obviously it’s difficult to summarise a complex system in a single document. But we’ve done our best.  This document is not designed to constitute legal advice and you should undertake any action on the basis of what […]

Main Residence – Tax Relief on Purchase

You can save purchase tax (registration tax) on the purchase of Italian real estate if you elect to occupy as your main residence (in Italy) and actually occupy it as such for the five years following purchase. In order to occupy it as your main […]

Rent to Buy: what it is and how it works

Do you want to buy a house but cannot find a bank to put up the finance you need. Are you concerned about making a commitment to buy but not sure about the timing? Italian law has a solution: the “Rent to Buy” scheme (affitto […]

Italian tax residence

There is a lot of confusion about what it means to be Italian tax resident and how tax residence interacts with the civil code definition and registration with the anagrafe at your local comune. This article aims to explain how the rules work.

IVIE & IVAFE – Wealth Tax on Foreign Property

Italian resident taxpayers who own real estate and certain kinds of financial assets outside Italy are required to deal with IVIE and IVAFE which are both asset taxes due on the capital value of assets held outside Italy.