Italian Business Structures: Overview
This blog post is intended to provide a high level overview of the types of business structures available to investors in a business to be carried on in Italy and applies primarily to the situation where the investors areĀ individualsĀ – separate and different considerations may apply where the investor is a corporate body.Ā It […]
Tax For Digital Nomads
Compliance with Tax and Social Regulations Moving to Italy as a digital nomad comports the payment of income taxes, social security contributions according to the rules applicable to your specific situation.Ā It is clear, from the tenor of theĀ digital nomad visa/permessoĀ legislation that Italy intends digital nomads to comply with their obligations in terms of tax […]
Social Security Treaties
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 Countries of the former YugoslaviaĀ * Principality of Monaco Republic of Cape Verde Republic of Moldova Republic of San Marino Holy See Tunisia TĆ¼rkiye Uruguay USA (United States of America) Venezuela […]
Italian Source Income – Definition
The Importance of Identifying Italian Source Income The Italian tax Code contains a specific definition of Italian source income – or rather a list of types of income that are deemed under the Italian Tax Code to have an Italian source. If you are tax resident in Italy for any tax year (under the test […]
Italian Social Security Contributions
Table of Contents 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 of which are, in general, contributions into the Italian state pension scheme. Different schemes apply to employees compared to the self employed.Ā The rates, thresholds, minimum contributions, […]
Estimating your Italian tax liabilities (Employees)
Under current Italian tax residence rules you are considered as either tax resident or not for any full tax (calendar) year – there is no split year concept, except in some limited circumstances – and you will deemed resident in Italy under the Italian statutory residence test if you are physically present in Italy, registered […]
Working in Italy as an Employee of a Foreign Company
Working as an employee full time in Italy If you are an employer outside Italy and thinking of hiring an employee who will be working from Italy, the legal, tax and social security ramifications can be complex.Ā If you are an employee thinking of working remotely for a non Italian employer then the first step is […]
Frontier workers residing in the ānewā border municipalities – Special Tax Regime – Decree-Law 113/2024 (āOmnibusā Decree-Law)
Article 6 of Decree Law 113/2024 establishes a special regime for workers residing in municipalities, specifically identified in Annexes 1 and 2 of the DL, which are wholly or partially within the 20 km zone from the Swiss border. Such individuals may opt for the application, on income from employment received in Switzerland, of a […]
Translation of Post 2024 Impatriates Relief – Base Legislation
This is a fairly literal translation into English of the Italian legislation implementing the Impatriates ReliefĀ in its post 2023 version. The text is given simply as a courtesy and should not be relied upon for any decision on whether the Relief applies in any particular circumstances since it must be read together with Tax […]
Italy enacts new Digital Nomad Work Visa
The Digital Nomad Visa On 4 April 2024 a Ministerial Decree issued by the Italian Interior MinisterĀ was published in the Italian Official Gazette.Ā Effective 5 April 2024, the Decree implements the Digital Nomad Visa and Stay Permit envisaged by a 2022 Law amending the Italian Immigration Code and introducing theĀ Digital Nomad Visa for […]